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Therefore, launching the Note 5 in August is essential. It can have a clear run at the tech press at a traditionally quiet time of year.

It can show off its device to punters well ahead of the iPhone 6S, which is expected in early September.

And if it can get the phone in stores within a matter of days after its launch event, it might just edge itself back to profitability.

Those, though, are some big ifs.

Hype around Apple’s new iPhones isn’t going to die quietly and rumours have suggested that Apple has already ordered as many as 90 million units, so confident is it of selling even more of its handsets than last year.