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Apple Deflate Antenna Sitaution And Sell Anyway

Apple Deflate Antenna Sitaution And Sell Anyway

Despite being inundated with complaints and worldwide acknowledgement of Apples antennae design faults of the iPhone 4, according to the financial times analysts say demand for Apple shares and iPhones still remains high.

Apple chief executive, Steve Jobs, attempted to suppress consumer discontent on Friday by offering to give every owner a free case to prevent the antennae from being bridged by users' hands.

He said Apple would refund those who had paid for a case already and would give money back to anyone returning their phones.

But Steve Jobs has angered competitors by pointing the finger at other major mobile manufactures, claiming that they too, have signal problems, naming brands such as Samsung, HTC and BlackBerry maker RIM

"Apple's attempt to draw RIM into Apple's self-made debacle is unacceptable," RIM co-chief executives Mike Lazaridis and Jim Balsillie said in a statement.

They said Apple's claims were a deliberate in order to deflect attention from Apple's difficult situation, attempting to distort the public's understanding of an antenna design issue.

But some analysts predict that regardless of the hiccup, Apple will still sell up to 71m iPhones in 2011 and third quarter sales will beat expectations of $14.6bn practically being unscathed by the fault.

Analysts said If Apple's margins can survive the antenna farce, the cost of supplying cases and a severely stretched supply chain, iPad accessories sales will restore the balance.


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