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Note 7 fiasco could burn a $17 billion hole in Samsung accounts

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Apple (AAPL) Poised to Open Higher as Samsung 'Scraps' Galaxy Note 7 Smartphone

October 11, 2016 8:48 AM EDT

Apple (NASDAQ: AAPL) was poised to open higher by 1.7% Tuesday morning following reports that Samsung Electronics "scrapped" its flagship Galaxy Note 7 smartphone.

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