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 21,394.76 -2.53 -0.01%
Nasdaq 6,265.25 28.56 0.46%
S&P 500 2,438.30 3.80 0.16%
Treasuries 2.14 -0.01 -0.42%
Data as of 1:55am ET
Company Price Change % Change
Advanced Micro Devic... 14.17 -0.21 -1.46%
Bank of America Corp... 22.82 -0.11 -0.48%
Micron Technology In... 31.73 -0.16 -0.50%
Ford Motor Co 11.04 -0.09 -0.81%
Oracle Corp 50.95 0.65 1.29%
Data as of Jun 23
Sponsors

Sections

A federal judge says Ivanka Trump must give a deposition in a lawsuit brought against her by an Italian shoemaker claiming her fashion label copied its designs. More

Orlando Lopez's parents brought him to the U.S. seeking the American Dream, but he didn't find true happiness until after he was deported to Mexico. More

The average guest at a wedding last year spent $888 per wedding, according to a study from the Knot. For those in the wedding party, the price of being a stand-up friend was over $1,000. More