It seems that the Apple
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iPhone 3G saga just got a bit more complicated. While recent reports blamed the phone's 3G connectivity problems on a faulty Infineon chipset, a new study by Swedish testing company Bluetest appears to place the blame elsewhere: the network. In fact, the iPhone 3G's test "values are completely normal," says Magnus Franzn, an antenna engineer with an M.Sc. in Engineering Physics.
If these tests are proven true, it would vindicate Infineon
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, and place some heavy scrutiny on AT&T's
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3G network. With a year-to-date decline of more than 25%, T could ill afford the negative publicity this type of development would generate for the shares.
Copyright Schaeffer's Investment Research http://www.schaeffersresearch.com