Steve

We did not see this coming: after initially dismissing the reports about iPhone 4 antenna reception issue, Apple has officially admitted it exists, promising a software fix in a couple of weeks. Unfortunately, the fix may not be good news for users experiencing the problem. Apple claims it has erroneously calculated the formula which displays signal bars on the iPhone, and therefore the iPhone has been showing too many bars in areas with weak signal strength.

Apple Chief Executive Steve Jobs wowed a packed room on Monday with the new $ 199 "iPhone 4," which is a quarter slimmer than the current handset, with about double the picture quality; sports the in-house A4 processor or computing brain; and allows video chat.

The demand for news related to the next-generation iPhone is such that even errant parts of the device are making headlines. On Tuesday, a Portuguese iPhone blog became the latest site to post what are fairly believable images of what may be the iPhone Steve Jobs will reveal on June 7 at Apple's Worldwide Developers Conference.