Though "antennagate" may have persuaded some people to avoid the iPhone 4, the device's lack of Verizon access is putting a larger damper on sales, according to Piper Jaffray.
Among 258 cell phone users surveyed by the investment firm, 177 people (or 69 percent) said they were aware of the antenna issue affecting the iPhone 4. Of those, 20 percent said this issue impacted their decision of whether or not to purchase the iPhone 4.
Though this means a smaller percentage of all the users surveyed were turned off by the antenna problem, Piper Jaffray believes the issue has affected sales. Under a worst-case scenario, the firm is estimating that sales lost due to "antennagate" could cost Apple around 11 cents a share in earnings for its fourth quarter ending September.
Piper Jaffray expects Apple will update its customers about the antenna issue at the end of September. It doesn't think Apple will modify the design of the iPhone 4 but instead may extend the free case offer or reveal further results of its own testing.… Read more