iPhone 4 Free Bumper Cases Will Cost Apple $175M

Apple’s “generous” move to fix the iPhone 4 antennae issue will cost the company $175 million dollars the company announced during their earnings conference call yesterday. Apple will expense the cost of the cases as deferred revenue in their 4th quarter balance sheet. What is not clear is how Apple arrived at this figure. Assuming that Apple will sell approximately … Read More

Ravin MohindruiPhone 4 Free Bumper Cases Will Cost Apple $175M