Ming-Chi Kuo believes half of Note 7 owners will switch to iPhone 7
Last week, Drexel Hamilton analyst Brian White suggested that Apple’s iPhone sales could increase to the tune of 8 million units in light of Samsung’s chaotic Galaxy Note 7. During last month’s recall, it always appeared that Cupertino would be among the primary beneficiaries of Sammy’s shortcomings. With the Note 7 having since been completely nixed, prominent KGI Securities analyst Ming-Chi Kuo has echoed White’s earlier predictions.
Of roughly 12 million Note 7 orders, Ming-Chi Kuo estimates that around half, or 5-7 million will make the jump to Apple’s iPhone series. He suggests that the iPhone 7 Plus will be the primary choice due to its dual rear camera setup, while its phablet form factor will also appeal to those who enjoy(ed) the Note 7’s large footprint.
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