Analyst: iPhone 4 Recall Could Cost Apple $1.5B
A full recall of the iPhone 4 to fix antenna issues could cost Apple $1.5 billion, a Wall Street analyst told investors Wednesday. However, don’t expect such an event, he adds. Instead, Bernstein Research analyst Toni Sacconaghi joins others suggesting the Cupertino, Calif. company could quiet the complaints by giving away a $2 rubber case.
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