Say Your Final Farewells to the Samsung® Galaxy Note 7

If you've been paying attention to the world of cell phones, chances are you know of the Samsung Galaxy Note 7. In addition, if you've been paying just a teency-tiny bit more attention to cell phone news, you probably know that the Note 7 is notorious for bursting into flames without warning. Samsung initially received 96 reports of this happening and decided to issue a product recall on the phone to fix the issue. Since the replacement Note 7 phones were sent out, 23 more reports of the phone bursting into flames have been confirmed. On October 10th, Samsung (and their customers) had had enough. Samsung made the final decision to cancel production of the Galaxy Note 7 once and for all.

Looking at the picture, one can totally see why they'd stop making these. Imagine enjoying a nice, peaceful day overlooking your land that you worked so hard to plow, and then bam, your leg is on fire. Even worse, imagine the same thing happening while on a plane with 150 other people on it. Well yeah, that happened. Luckily, the plane hadn't taken off so everyone could be safely evacuated. Needless to say, the United States banned all Galaxy Note 7's on all flights, a decision which may have been the final nail in the coffin for the phablet. 

Interestingly enough, not even recalling all the phones and issuing replacements seemed to fix the problem. So Samsung effectively sold a ton of phones, replaced them all for free, and then took all the phones back and gave the customers their money back. As you can imagine, this caused an expensive nightmare for the electronics giant. Making millions of expensive phones for no revenue whatsoever, tends to lead to a lot of financial losses for a company like Samsung. Investors apparently knew that as well, so Samsung's stock dropped a staggering 8% in the wake of all the bad news. Effectively, that means $19 Billion (thats Billion with a capital B) of value was lost by Samsung.

If you happen to be one of the ones with a Note 7 and want to keep your legs nice and uncooked, start looking for a replacement. If you're fine with running the risk of getting crispy legs, then go ahead and keep it. It has great specs and will probably serve you very well until the self destruct sequence is activated.