Fallout From Samsung's Note 7 Recall

The transcript discusses the financial and strategic implications of Samsung's Galaxy Note 7 recall, which could cost the company $1 billion. Samsung aimed to outpace Apple with the Note 7 release but faced setbacks due to battery issues. The recall affects their market timing, especially with new iPhones launching. Samsung's broad product lineup contrasts with Apple's focused approach, and the company faces challenges in key markets like China and India, where local competitors are strong and pricing is a significant factor.

What was the estimated financial impact of the Galaxy Note 7 recall on Samsung?

• $1 billion

• $3 billion

• $500 million

• $2 billion

How does Samsung's approach to product releases differ from Apple's?

• Samsung releases fewer products than Apple.

• Samsung focuses on a single flagship product.

• Samsung has a broader lineup to compete with Apple.

• Samsung releases products only after Apple.

Which market is now the fastest growing smartphone market in the world?

• China

• Brazil

• India

• United States

What is one of the main challenges Apple faces in China?

• Limited product availability

• Lack of brand recognition

• High pricing compared to local competitors

• Poor customer service

Which company is mentioned as a strong local competitor to Apple in China?

• Vivo

• Oppo

• Huawei

• Xiaomi