Samsung scraps Galaxy Note 7 over fire concerns

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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