https://www.cnet.com/news/galaxy-note-7-buyers-should-get-a-note-8-discount/

Buyers shelled out over $800, £700 and AU$1,300 to purchase the Galaxy Note 7 when it arrived last August. Not only was it Samsung's most advanced handset for power users, it was also one of the most powerful, beautiful devices Samsung has ever made. But customers were either made to return it or switch to a different, less-expensive Samsung phone after fire-prone Note 7 units were pulled from the market not once, but twice.

Samsung can afford to say sorry in cash.