Description: Apple Inc. took a record majority of world-wide smartphone profit share in the third quarter as Samsung Electronics Co. Ltd. plunged in the wake of the disastrous Note 7 recall.

Source: MarketWatch.com

Date: Nov 25, 2016

Link: http://www.marketwatch.com/story/apple-nabs-obscene-share-of-smartphone-profit-thanks-to-samsungs-note-7-debacle-2016-11-25

Questions for discussion:

• What are the financial consequences of Samsung’s problems this year?
• Do you think the firm can recover by next year?