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TRAPPER JIM

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TRAPPER JIM

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Friday, 09/16/2016 7:07:59 AM

Friday, September 16, 2016 7:07:59 AM

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Samsung issues a recall on their phones because the batteries explode. Could cost the company around a billion dollars.
http://www.nytimes.com/2016/09/16/business/samsung-galaxy-note-recall.html?_r=0

The constant reminders of potential combustibility have further dented Samsung’s reputation and shaved as much as $14 billion off its market value, just when it looked to be gaining ground on Apple, its longtime rival, with its new line of sleek Galaxy smartphones. They also raise questions about whether Samsung’s rush to take back the phones created more problems

Al Capone's Vault http://investorshub.advfn.com/boards/board.aspx?board_id=19446

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