Analyst: A Recall of the iPhone 4 Would Cost a Hefty Sum
Posted 07/14/2010 at 8:25am
| by Florence Ion

As if the idea weren't already absurd enough, analysts are saying that even if Apple did consider a recall of the iPhone 4, it would simply cost way too much money. According to estimates made by Bernstein Research analyst Toni Sacconaghi, a full product recall of the iPhone 4 would coast Apple $1.5 billion, or about 3.5 percent of its total earnings from the device.
Sacconagghi added that, "We believe that consumers are increasingly aware of the antenna issue, and remedying it rather than dismissing or ignoring it appears most appropriate."
Analysts are also speculating that Apple will go with giving away free bumpers to remedy the situation. As of right now, nothing has been recalled and no bumpers have been given away to faithful Apple patrons.
Via CNET
Follow this article's author, Florence Ion, on Twitter.