The Samsung Galaxy Note 7 is undeniably the best phone that has been launched yet and it looks like it is blowing every smartphone out of the water not just in terms of its features, but in terms of initial sales as well. It just goes to show that the South Korean tech giant is doing something right as consumers rushed to pre-order the flagship as soon as it was announced available showing their belief in the product.
This positive response should be good news for Samsung, but unfortunately due to high demand of the Galaxy Note 7, the release date has been delayed a month as the pre-order results trumped the supply. The electronic titan expressed their appreciation for the strong demand that consumers have shown towards the Galaxy Note 7. Since the demand exceeded their estimates, they are already working on adjusting the release dates in some markets.
CNBC reports Samsung guarantees that the shortage is not a long term problem. They are doing everything that they can to address the supply challenge as their stocks have already fallen down by 2 percent from pushing back the release date. They also fear that consumers may switch to the iPhone 7 instead due to the disatisfaction caused by the delay.
Although Nomura analyst C.W. Chung reassures that this situation is not a major risk for Samsung and stated, "The party got more visitors than Samsung expected, so they just need to put more food out,"
It should not be a surprise that the Samsung Galaxy Note 7 is in demand. After all, this is the latest big-screen handset with a stylus from Samsung. As reported in IBTimes, the Galaxy Note 7 is equipped with an iris scanner for increased security. It is also going to have a pair of high quality cameras, a waterproof design and a powerful 8 core processor which means a faster and smoother performance.
