Consumer Electronics

Galaxy S7 Surges as Apple iPhone 6 Falters

courtesy of Samsung Electronics Co. Ltd.

Samsung announced its most recently quarterly results, and with them news that sales of its new Galaxy S7 have gotten off to a strong start. This contrasts with the weak sales of the iPhone 6 family, which have hurt Apple Inc. (NASDAQ: AAPL). If the trend continues as the smartphone sector becomes more crowded, Apple is in for another two or three poor quarters.

According to MarketWatch, analysts believe Samsung shipped 10 million to 11 million Galaxy S7 units. The model was only in the market for a portion of the quarter. Apple shipped 51.3 million iPhones, down 16% from the same quarter last year. The iPhone was available for the entire quarter.

Samsung’s smartphones bested iPhone sales by a large margin three years ago. The iPhone 6 family changed that. Apple can only reverse the trend in its favor again if the iPhone 7 is a smash hit, and even fans of the company have started to doubt that.

100 Million Americans Are Missing This Crucial Retirement Tool

The thought of burdening your family with a financial disaster is most Americans’ nightmare. However, recent studies show that over 100 million Americans still don’t have proper life insurance in the event they pass away.

Life insurance can bring peace of mind – ensuring your loved ones are safeguarded against unforeseen expenses and debts. With premiums often lower than expected and a variety of plans tailored to different life stages and health conditions, securing a policy is more accessible than ever.

A quick, no-obligation quote can provide valuable insight into what’s available and what might best suit your family’s needs. Life insurance is a simple step you can take today to help secure peace of mind for your loved ones tomorrow.

Click here to learn how to get a quote in just a few minutes.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.

AI Portfolio

Discover Our Top AI Stocks

Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.

You can follow him investing $500,000 of his own money on our top AI stocks for free.