Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Apple plans iPhone 4 announcement on Friday

By Stacy Cowley, tech editor


NEW YORK (CNNMoney.com) -- Two weeks after a "stunned" Apple announced to the world that it had found a major software glitch in the iPhone's signal-strength display, Apple plans to hold a press conference to discuss the iPhone 4.

The gathering will take place Friday at Apple's Cupertino headquarters. An Apple spokesman declined to divulge any further details of the event.

Apple (AAPL, Fortune 500) on Thursday released its promised software fix to address the way iPhones display the bars used to visualize signal strength. Early tests indicate that the new software more accurately reflects network strength.

But Apple's headaches continue mounting: On Monday, Consumer Reports' product testers issued a damning report concluding that the iPhone 4 has a hardware design flaw that can cause calls to drop. There's an easy fix -- put the phone in a case or cover the gap between the phone's two antennas with a bit of duct tape -- but Consumer Reports said it would not recommend the phone until Apple released a free solution for the problem.

Apple has refused to comment on Consumer Reports' findings, and has previously denied that the iPhone 4 has any hardware flaws. CEO Steve Jobs' now-famous response to a customer complaint that holding the phone the wrong way could interrupt reception was "just avoid holding it in that way."

The iPhone 4 was Apple's most successful product launch in its history. The company sold 1.7 million phones in just the first three days, and the device remains sold out through most retailers. Even as it slapped the phone with a "not recommended" label, Consumer Reports said that the iPhone 4 was, aside from its antenna defect, the best smart phone on the market.

-CNN's Augie Martin contributed to this report. To top of page

Index Last Change % Change
Dow 17,750.91 -140.25 -0.78%
Nasdaq 4,763.22 -54.37 -1.13%
S&P 500 2,063.37 -18.06 -0.87%
Treasuries 1.80 -0.06 -3.49%
Data as of 6:26am ET
Company Price Change % Change
Bank of America Corp... 14.36 -0.41 -2.78%
Pfizer Inc 33.70 0.90 2.74%
Freeport-McMoRan Inc... 12.01 -1.54 -11.37%
Apple Inc 95.18 1.54 1.65%
Frontier Communicati... 5.22 -0.22 -3.95%
Data as of May 3
Sponsors

Sections

The legal fallout from a deadly Brazilian dam collapse is far from over for two of the world's biggest miners, Vale and BHP Billiton. More

A panel of U.S. governors collectively said job skills are an increasing issue in their states, a reflection of the job skills gap in America and near-record number of jobs openings. More

Real estate mogul and Shark Tank star Barbara Corcoran suggests women wear bright colors and yank up their skirts -- for business. More

Visa says new software will allow consumers to check out with chip cards as fast as swiping a card with magnetic strip. More