Details of the incident are scarce, but the post includes the following scary-looking image, with the caption “Running a little hot”:
The only other comments the poster made in reference to what happened with the phone is “I’m not certain, but something happened between the factory and delivery.”
As of now, this appears to be an isolated incident, and the claim hasn’t been verified yet by independent sources, so take it with a grain of salt. But given Samsung’s recent “exploding Note 7” recall, in which millions of users have been forced to exchange their defective devices for new ones, some investors — note to mention iPhone 7 owners — will understandably be on edge.
Following many reports of battery-related explosions, Samsung’s Note 7 phones sold earlier this year were banned from flights, and users were advised to power down the phones and not use them. The recall details from Samsung’s site are as follows:
Samsung has announced a voluntary recall and exchange program on certain Galaxy Note7 devices in cooperation with the U.S. Consumer Product Safety Commission (CPSC). The affected devices were sold in the U.S. before September 15, 2016. Since the affected devices can overheat and pose a safety risk, if you own a Galaxy Note7, it is extremely important to stop using your device, power it down and immediately exchange it using our U.S. Note7 Exchange Program.
It bears repeating that this iPhone report is unsubstantiated and thus far completely isolated. Apple has not yet commented on the issue, nor has shipping carrier UPS.
Apple shares fell $1.20 (-1.05%) to $112.75 in Thursday morning trading. Year-to-date, AAPL has gained 7.23%, matching the return of the benchmark S&P 500 in the same period.