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Samsung will reveal the next Galaxy Note on August 5


Samsung will reveal the next Galaxy Note on August 5 – TechCrunch

Samsung’s next big Unpacked event is scheduled for August 5. As is the trend these days, the unveiling will be online-only, following in the footsteps of big virtual events from the likes of Microsoft and Apple. It’s Samsung’s first crack at the format. The company just made it under the pre-COVID-19 shutdown wire back in February for the Galaxy S20 launch.

Image Credits: Samsung

The headliner of next month’s event will no doubt be the next version of Samsung’s popular phablet line. The Galaxy Note S20 has leaked online a fair bit already, because Samsung. The most notable occasion was the beginning of the month, when the company’s Russia site briefly posted a copper colored version of the Note 20 Ultra. Fittingly, the invite for the event features a copper S-Pen dripping into a big similarly-colored puddle. 

The premium version of the handset sports a folded zoom lens, much like the Galaxy S20 Ultra. Additional leaks appear to confirm some minor changes to the handset’s design, including the swapping of some buttons and moving the S-Pen slot to the left of the charging port. Other details will almost certainly leak out between now and August 5, because that’s just how these things go. There will likely be a slew of other devices on the docket for the event, as well. Samsung likes to pack a lot into Unpacked, after all. Accessories, audio products and wearables are all candidates. 

Notably, Samsung also announced that it will be holding its own virtual event in the early September time frame. The company had initially planned to attend IFA, but ultimately — and understandably — thought better of it. The August 5 event, meanwhile, kicks off at 10 a.m. ET/7 a.m. PT. It will be available via Samsung.com

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The biggest story to come out of the post-March stock market boom has been explosive growth in the value of technology shares. Software companies in particular have seen their fortunes recover; since March lows, public software companies’ valuations have more than doubled, according to one basket of SaaS and cloud stocks compiled by a Silicon Valley venture capital firm.n

Such gains are good news for startups of all sizes. For later-stage upstarts, software share appreciation helps provide a welcoming public market for exits. And, strong public valuations can help guide private dollars into related startups, keeping the capital flowing.n


n

The Exchange explores startups, markets and money. You can read it every morning on Extra Crunch, and now you can receive it in your inbox. Sign up for The Exchange newsletter, which drops every Friday starting July 24.n


n

For software-focused startup companies, especially those pursuing recurring revenue models like SaaS, it’s a surprisingly good time to be alive.n

""Indeed, after COVID-19 hit the United States, layoffs and rising software sales churn were key, worrying indicators coming out of startup-land. Since then, the data has turned around.n

As TechCrunch reported in June, startup layoffs have declined and software churn has recovered to the point that business and enterprise-focused SaaS companies are on the bounce.n

But instead of merely recovering to near pre-COVID levels, software stocks have continued to rise. Indeed, the Bessemer Cloud Index (EMCLOUD), which tracks SaaS firms, has set an array of all-time highs in recent weeks.n

There’s some logic to the rally. After speaking to venture capitalists over the past few weeks, notes from EQT Ventures‘ Alastair Mitchell, Sapphire’s Jai Das, and Shomik Ghosh from Boldstart Ventures paint the picture of a possibly accelerating digital transformation for some software companies, nudged forward by COVID-19 and its related impacts.n

The result of the trend may be that the total addressable market (TAM) for software itself is larger than previously anticipated. Larger TAM could mean bigger future sales for and more substantial future cash flows for some software companies. This argument helps explain part of the market’s present-day enthusiasm for public tech equities, and especially the shares of software companies.n

We won’t be able explain every point that Nasdaq has gained. But the TAM argument is worth understanding if we want to grok a good portion of the optimism that is helping drive tech valuations, both private and public.



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