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Samsung Halts Sale, Production of Galaxy Note 7

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Samsung Galaxy Note 7 Halt a Positive for Apple (AAPL) - RBC

October 11, 2016 1:26 PM EDT

RBC Capital analyst Amit Daryanani weighed in on Apple (NASDAQ: AAPL) amid news rival Samsung is halting production and sales of its Galaxy Note 7.

"We think the discontinuation of the Samsung Galaxy Note 7 should enable incremental share gain opportunities for the iPhone 7+, which will be a positive for AAPL,... More

Apple (AAPL) 'Doom and Gloom' Fading - Drexel Hamilton

October 11, 2016 10:28 AM EDT

Drexel Hamilton analyst Brian White notes the doom and gloom on Apple (NASDAQ: AAPL) is thawing with the help of a fiery Note 7 and iPhone 7. The analyst reiterated a Buy rating and price target of $185

White highlighted:

After a strong iPhone 7 launch in the U.S., healthy data points thus far in China this week, a stronger than seasonal 3Q:16 for our Apple Monitor and the Note 7 fiasco at Samsung, the doom and gloom around Apple is starting to thaw.Apple remains our top pick for H2:2016 given... More

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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