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CNBC Squawk Alley October 12, 2016

9. Terry is here joining us. We tackle samsung first this hour. Warning about thirdquarter profits, slashing them by a third as the production eats into their bottom line. Apple, meanwhile, is up 20 over the last month and up several days in a row. Cole windergart hasnote on apple called evidence on iphone strength. Good to have you back. Hi, how are you . How much strength are you assigning to samsungs difficulties . We already thought the iphone 7 would do quite well. In addition to this, the way i think of it, the note portfolio specifically we think maybe does 20 Million Units a year. We think apple can capture at least half of that volume Going Forward because this products now going to be halted. There is a longerterm issue that will be more beneficial and currently underestimating expectations, which is you think of the high end of the smartphone market, 350 Million Units a year. Its a twoplayer market. And what we have found in the past is when market share shifts to apple, the

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