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Samsung Galaxy Note 7 may not be quite as big a hit as Galaxy S7 Edge

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Galaxy Note

Samsung's newly announced Galaxy Note 7 is shaping up to be a solid hit, according to one analyst, but it won't be as big as the company's other 2016 flagships.

The Samsung Galaxy Note 7 was finally unveiled yesterday, and we've already gone hands-on with the handset. Suffice to say it's shaping up to be an impressive finale to 2016 for the South Korean manufacturer.

Related: Samsung Galaxy Note 7 hands-on

The analysts at Hyundai Securities seem to agree (via The Korea Herald), predicting that the new phablet will ship 12 million units in final four months of 2016.

"The Galaxy Note 7, which is scheduled to be launched on Aug. 19, will preoccupy demand for premium phones before Appleā€™s iPhone 7 that comes out later in September," said the company's Kim Dong-won.

12 million is a pretty impressive figure, though it's worth noting that it pales when compared to combined Samsung Galaxy S7 and Samsung Galaxy S7 Edge sales, which have sold around 26 million units over a similar period of time. The Samsung Galaxy S7 Edge alone - which is somewhat similar to the Samsung Galaxy Note 7 in many ways - has sold 13.3 million units.

Of course, the Galaxy S range is traditionally Samsung's biggest hitter of any given year, so 12 million for the new Note would be no disgrace.

Perhaps more concerning for Samsung is the same analyst's prediction that Samsung's mobile division will see a 10 percent decrease in its Q3 operating profits compared to Q2.

Video: Galaxy S7 Edge review

Are you tempted to buy a Samsung Galaxy Note 7 this month? Let us know in the comments.

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