When you open an image from a digital camera in PS, it'll be opened at 72ppi because that happens to be what the (mac) monitor displays per inch. Photoshop cannot even take the resolution into account when it comes to displaying images on the monitor as it is the operating system that is in control.
If your file is 7200 pixels wide, it'll probably not fit on your monitor (not on mine anyway). If it is loaded as 72 ppi, you will get the size it will be printed when you don't change the resolution and hit Cmd/Ctrl+P. For PC, it will be a bit different as PC monitors are supposed to be 96ppi.
If you change the resolution to 300ppi, it will have the same size on your monitor, as on the screen only the number of pixels count. But, when printed, the result will be more than four times smaller than what you see on your screen. So you can use changing the resolution to get a better quality print, but it will inevitably be smaller, which can be your intention.
If, and only if, you uncheck the resample checkbox.