A Dip of Apple Stock Price Caused by iPhone 4 Reception Problems
06 Jul 2010 | News | Angela Topchu on Google+
This week there has been a significant drop in Apple Stock Prices caused by the numerous problems reported by the users of the company’s new iPhone product. People say that the signal gets considerably worse when they hold the phone in a particular way. iPhone bumper might be the way out but its high price is something that most people don’t like.
Apple Stock Price (NASDAQ:AAPL) went up immediately after Steve Jobs’ return to Apple and the release of the iPod, the iPhone, and the iPad that followed it. The number of Apple fans in various countries of the world skyrocketed making iPhone the most popular cell phone, iPad the most popular touchscreen device and iPod, correspondingly the most popular portable music device.
Apple officials say that the reception problems are all due to software issues and don’t have anything to do with the antenna. The development of the corresponding software update is in progress now. Still, there have already been several lawsuits filed against Apple.
One way or another, at the moment no one can tell for sure whether the reception problem is caused by a software glitch or the antenna.
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