The recall of the Samsung Galaxy Note 7, might be good news for Apple. Reports of the phone catching fire during or after charging, resulted in the recall of nearly all recently released 2.5 million units. In the latest move to preserve its reputation, Samsung said it will replace the recalled smartphones at no cost to owners. Samsung stock is traded on the Korea Exchange and is not rated by Weiss.

This might be the perfect opportunity for Apple to gain the edge over its major competitor. With the new iPhone and Apple Watch versions just around the corner, Apple must not disappoint its loyal fans. The company’s stock did not immediately react to the misfortune of Samsung or even the tax bill from the European Union last week. It remained stable around $106 per share during the week, gaining 0.9 percent.

Apple had struggled to come up with any groundbreaking new inventions lately, and it’s been difficult to keep up with the profit record from the prior quarters. The company reduced its net income by 25.9 percent to $7.8 billion in Q2, 2016. The third quarter may not be much different either, as there were no major product developments within the company. Year-end, however, it should reflect the success or failure of the latest product versions.

Apple stock was downgraded to a B- in March 2016. This is the lowest the rating has been in over two years. Be sure to add Apple to your Watchlist to see if the stock rating changes after Wednesday’s reveal of the new product upgrades.