Last year, Samsung skipped a number and went straight from Note 5 to Note 7. This is to make the product numbers simpler in relation to the Galaxy and Note product lines.
The Samsung Note 7 is very similar to the Galaxy S7 Edge in a physical and specs perspective. The screen of the Samsung Note 7 is built with the same materials used on the curve screen of the Edge S7. Its software is also powered by the same Edge software found in the smaller S7.
As of now, Samsung is leading the race with Apple's smartphone products. However, Apple is not giving up the fight as it will soon unveil the new iPhone on the first week of September.
One of the weaknesses that continues to give Samsung an edge over Apple is that "leaks" are more common with the Apple products. This lowers down the thrill of the consumer market, which is vital for the marketability and popularity of iPhone products during release dates.
Rumors also state that the iPhone 7 will feature standard improvements, comparing to the iPhone 6.
If that happens, then Samsung could use this advantage to counteract the heat of the iPhone 7's popularity. This will mean a devastating blow to Apple. The market will see how Apple can manage to solve this problem, considering that Samsung has a more user-friendly reputation thanks to its easily customizable personalization features.
Apple also states that a revolutionary iPhone design is currently being developed. The "iPhone 8" will be released in the fall of 2017, marking the 10th anniversary of the iPhone.
If the unofficial statements are true, then it would be better for consumers to wait for the iPhone 8 next year, as it would have a greater threshold of improvements.
As of today, Samsung gains the upper hand in the battle of the high-end smartphones.