I have stalled buying an Apple iphone 3GS for a while knowing that the 4th generation phone would be released in June. However, since it’s been released problems with the phone have caused Apple to schedule a news conference to lay fears about the alleged problems with the phones internal antennae.
At the conference on Friday Steve Jobs, Apple’s chief executive, tried to suppress consumer discontent by offering free iphone cases to help troubleshoot the malfunction. This will cost Apple an estimated $180m if they were to supply one to each of the three million customers.
Despite this shares in the technology company held their price and some analysts predict Apple will still sell up to 71m iphones in 2011 and third quarter sales will beat expectations of $14.6bn.
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Tags: Apple, Apple shares, iphone 4