Samsung Note 7's demise gifted 7 million new users to Apple

The demise of Samsung's Galaxy Note 7 has surely opened the gates for other phone makers but according to KGI securities, Apple and Huawei may stand to gain the most from Samsung's loss.

Apple will gain around 5-7 million more customers who would have otherwise purchased Samsung's Galaxy Note 7 handsets.

Samsung chose to test Note 7 batteries in-house over test labs

Ming-Chi Kuo, an analyst at KGI Securities, has time and again revealed insider information concerning Apple's products which includes leaks, new features and future product line-ups. While he was not very confident about the Apple Watch Series 2's prospects, he feels sales of the iPhone 7 and 7 Plus will be buoyed by the demise of Samsung's Galaxy Note 7 handsets following a series of burn-outs and explosions across the world.

Those who have purchased and those who were planning to buy the Galaxy Note 7 now have to choose another phone which comes as close as possible to the Galaxy Note 7's looks, features and performance. While there is no dearth of options in the phablet market, Kuo believes almost half of all Galaxy Note 7 fans may buy either the iPhone 7 or the larger iPhone 7 Plus while the other 500% will choose phones from other manufacturers like Huawei.

Huawei, Google and Lenovo eye lucrative top spot vacated by Samsung's Galaxy Note 7

Possible options which these customers may now consider include the iPhone 7 Plus, the Huawei Mate 9, Samsung's other phablet the Galaxy S7 Edge, Sony Xperia XZ and Google's just-launched Pixel and Pixel XL phones. LG V20, with its range of features and new technologies, is a major competitor to the Galaxy Note 7 but is sadly not available in the UK. According to Kuo, as many as 12 million Note 7 buyers will switch over to other phones and around 5-7 million of them will move over to iOS.

Apple's iPhone 6s and 6s Plus failed to excite iOS fans as much as the iPhone 6 family did, which prompted Apple to significantly enhance the looks of the iPhone 7 and iPhone 7 Plus and add new features like dual rear cameras, wireless AirPods, stereo speakers and waterproof abilities. While Apple does not officially release figures on sales of devices, we will get a good indications on how the new iPhones performed when Apple will host its quarterly earnings call on October 25th.

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