Analyst: iPhone sales should see an eight million boost from the Galaxy Note 7’s demise

With Samsung officially terminating all sales and exchanges of its Galaxy Note 7 device, Drexel Hamilton analyst Brian White estimates an eight million boost to iPhone unit sales in calendar year 2016. 

He also foresees permanent damage to Samsung's smartphone market prospects and, consequently, a greater opportunity for Apple. White also thinks the iPhone 7 is doing very well in China.