Samsung recalls Galaxy Note 7 phones after battery fires

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Exploding Galaxy Phones and Shipment Halt a 'Lucky Break' for Apple (AAPL) Ahead of iPhone 7 Launch - Drexel Hamilton

September 2, 2016 9:10 AM EDT

Drexel Hamilton analyst Brian White views news that Samsung is halting shipments of the new Galaxy Note 7 due to reports the device was catching fire and exploding is a lucky break for Apple (NASDAQ: AAPL) ahead of the iPhone 7 launch.

"In our view, the... More