Apple posted record earnings this quarter. However, its recent success has been marred by controversy over the iPhone 4’s reception issues, specifically how holding it by its lower-right side can decrease reception.
Apple held a press conference last week to address the issue. Its solution to the problem: free cases for all.
In other words, Apple is accounting for $175 million in lost revenue on its Q4 balance sheet, all due to free bumpers and cases.
Its not a big deal for the apple since, the company that made $15.7 billion last quarter alone.
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