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Apple Iphone 7 And The Samsung 7s

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The mobile phone, a portable telephone that can make and receive calls over a radio frequency link while the user is moving within a telephone service area, this concept is so easy but very complicated. Service carriers provide many different plans for their goods and services available for their clients. Picking the right carrier, device, and customizing plans based on the individual 's everyday needs.
Samsung and Apple are the world 's largest information technology company by revenue, the world 's largest technology companies by total assets, and the world 's largest mobile phone manufacturer, by volume. These two companies have designed their latest innovated cell phone: the Apple iPhone 7 and the Samsung 7s. Let’s compare: Samsung …show more content…

Due to the high demand, Samsung had no choice but to delay the release date of the anticipated phone. Being that their goal was also to beat the release of the Apple iPhone 7, it is possible that Samsung was put under too much pressure to release the phone as soon as they could to the public. While doing so in such haste, they may not have properly checked it for any faults. They were too rushed, hoping to gain a competitive edge on their competition.
Within the first weeks after the release of Galaxy Note 7, Samsung had hit their highest stock price of the year (Randewich, 2016). They would beat that price in December, but not before significant turmoil. Within 2 months of its release, recalls for the phone skyrocketed due to complications with the coveted Galaxy Note 7 exploding. Samsung quickly offered a replacement phone, only for the replacements to then begin to catch fire. As shown in the graph above, Samsung’s stock prices hit rock bottom in September of 2016. Chapman (2016) claimed that the company’s mobile division lost 98 percent of its profit from the faulted phone. Credit Suisse (2016) stated “the company at least lost $17 billion in revenue from the production and recalls of the Note 7.” The Galaxy Note 7 was supposed to compete with Apple 's iPhone 7 and Google’s Pixel, but instead it had a negative impact on Samsung’s bottom line. Due to this

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