Samsung Trims Profit by $2.3 Billion on Troubled Note 7

The video discusses Samsung's recent 10% stock drop, resulting in a $21 billion market cap loss. It examines the potential impact on Samsung's other products and consumer perception, especially in light of safety concerns with the Samsung G7. The video also explores how Apple and Google might capitalize on Samsung's challenges, with Apple promoting its iPhone 7 during the holiday season and Google introducing its new Pixel smartphones.

What was the percentage drop in Samsung's stock over the last three trading days?

• 5%

• 10%

• 20%

• 15%

How much did Samsung's market cap decrease due to the stock drop?

• $25 billion

• $21 billion

• $15 billion

• $10 billion

What is one potential impact of the Samsung G7 issue on the company's other products?

• No impact on other products

• Immediate increase in market share

• Increased sales of G7 phones

• Potential negative impact on other product lines

How might Apple take advantage of Samsung's situation during the holiday season?

• By reducing iPhone prices

• By partnering with Samsung

• By launching a new tablet

• By highlighting the safety of its phones

What new product did Google introduce in response to Samsung's challenges?

• Google Nexus

• Google Pixel smartphones

• Google Glass

• Google Home