Apple Stock Falls On IPhone 4 Recall Rumors

Posted: Jul 14 2010, 10:26am CDT | by , Updated: Aug 12 2010, 12:24am CDT, in News | Technology News

 
/* Story Top Left 2010 300x250, created 7/15/10 */ google_ad_slot = "8340327155";

Buy This Now On Amazon

When Consumer Reports outed the iPhone 4 for its antenna design flaw, they knocked the wind out of many Apple fan boys. While the company protested that the issues were software related, we now have fairly solid evidence that they were obscuring the truth. The iPhone 4 has a definite physical problem. Some pundits even think it may be bad enough to necessitate a recall.

TechEye reports that Apple shares dropped 4% on Tuesday after Consumer Reports advised against buying the iPhone 4. Major bookie Paddy Power has also shortened their odds on an iPhone recall to 4/6. While betting against Apple hasn't been a wise move for the last few years, it could be that the winds are changing.

Or we could be making a mountain out of a molehill. It's worth noting that the flawed iPhone is still one of the best-selling smartphones ever. Apple could fix this whole debacle up by giving us a straight answer and cutting out the ambiguity.

Holiday Gift Guides and Deals

Get your Holiday gifting inspired by Best Toy Gifts with High STEM Value and the Top 10 toy gifts under $10 if you are on budget. The most popular Holiday 2017 toy list include Fingerlings, Crate Creatures and more. Don't miss the new Holiday deals on Amazon Devices, including $29.99 Fire tablet.

This story may contain affiliate links.

This free App Solves You Holiday Shopping Problem


Download the free Tracker app now to get in-stock alerts on Fingerling, Luvabella, SNES Classic and more.

Latest News

Comments

The Author

<a href="/latest_stories/all/all/5" rel="author">Robert Evans</a>
The excitement about new smartphones, tablets and anything mobile drive Robert to unearth the latest rumors and developments in this fast moving space. He adopted 4G as soon as it become available and knows where the mobile market is going.
Robert can be contacted directly at robert@i4u.com.

 

 

Advertisement

comments powered by Disqus