On Friday, in a press conference, Apple Inc said that it is likely to declare a fix for the reception problems in iPhone 4, analysts said.
The defect in IPhone 4’s signal strength is hugely hurting the Apple’s shares. Investors are looking forward for the full explanation of what the analyst called a minor defect that has now caused a media firestorm.
There are complaints from the iPhone user that when the iPhone is held in such a position the reception turns weak and this is know commonly called as “iPhone 4 death grip”
Apple has blaming the software malfunction that leads to weak signal strength, but others are saying that the antenna on the device is the fault. Shannon Cross, the Cross Research analyst said that she expects that Apple has to arrange a press conference in order to provide solution for the iPhone4 users who experienced the problem, and try to get back the iPhone 4’s Strength back.
She also said that Apple may give free cases or low-priced iPhone cases, which may solve the reception issue – to the customers at a price of $1 to $2 each or less than 5 cents a share
Shannon Cross also added that in future models Apple will be adding some thin coat over the antenna in order to overcome this issue.
According to the option analytics firm Trade Alert, in all, about 1 Lakh forty one thousand calls and 1 Lakh puts traded in Apple by mid-afternoon.
Bachman, BMO Capital Markets analyst said that he expects that Apple won’t offer replace for the iPhone4.
Bachman written in research note that “we do believe that Apple have to be more upbeat in finding and addressing the problems for the iPhone 4”
“We believe that a real danger is if the press keeps on talking about this problem, Apple iPhone 4’s growth may go down”
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