Everyone was laughing at Samsung (SSNLF) last year during the Galaxy Note 7 exploding batteries disaster, but no one is laughing now.
Samsung unveiled the new Galaxy Note 8 phone at an event in New York on Wednesday morning. The Note series is best known for its larger screen size, sometimes called a "phablet" to represent that it's part phone and part tablet, as well as for its nifty stylus called the S Pen.
This time around, Samsung is so confident in its Note 8 design that it poked fun at Apple (AAPL) - Get Report for killing the headphone jack in its iPhone 7 models that launched last September. "Guess what you can do with our headphones? Plug them into a standard headphone jack," said Justin Denison, senior vice president of product strategy at Samsung.
The Note 8 officially launches September 15, but preorders will start in the next few days. The advanced features are reflected in its higher price, ranging in the mid-$900s depending on your carrier. Apple is expected to release a fully redesigned 10-anniversary edition of the iPhone next month for a starting price of $1,200. Today, Samsung set a new bar for the iPhone 8.
More of What's Trending on TheStreet:
- Companies Aren't Talking About Trump Anymore on Earnings
- Looks Like Apple Just Killed the iCar
- Alibaba's Domination Just Getting Started
- The Federal Reserve Will Have an Insane $10 Trillion in Assets, Top Expert Warns