Apple (AAPL) 'No Comment' on iPhone 3G Issues

Tags: AAPL
16 Aug 4:02am
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It looks a like a week's worth of bad press has finally worn down Apple (AAPL: sentiment, chart, options) bulls, as the shares are poised to close today with a loss of nearly 2%. Meanwhile, the media's full-court press isn't letting up. In the latest report to seek answers in regard to the company's response to growing concerns about the iPhone 3G's connection issues, all ABC News was able to get from Apple was "No comment." What's more, the issues are starting to take a toll on die-hard Apple fans, with ABC quoting one loyal user as saying, "I am a true Apple fan, so this is nothing to make Apple look bad. ... I think Apple should come out and tell people what's going on with these phones."

To make matters worse, Google's (GOOG: sentiment, chart, options) Android phone is gaining momentum, and could be available via T-Mobile as soon as this fall, according to Ars Technica. The last thing Apple needs amid these growing iPhone concerns is heavy competition from the likes of Google. At least Research in Motion's (RIMM: sentiment, chart, options) Blackberry Thunder isn't on the market yet.

For more on Apple from this week's coverage on the Schaeffer's Daily Market Blog, check out the following links:


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