Where Ideas Take Shape

An iPhone 4 Recall Will Cost Apple $1.5 Billion

If Apple were to recall the iPhone 4 (it’s likely they won’t), how much would it cost America’s most expensive company? Estimated at 1.5 Billion dollars, a recall which would be an incredibly expensive venture that Cupertino isn’t interested in perusing. Though if Apple doesn’t act on the iPhone 4 issues, the company is prospected to lose $900 Million anyway, possibly losing up to $200 Million each week the issue isn’t resolved. A cost effective solution could be to distribute free bumpers to customers; Apple sells the bumpers at $30 a pop, but it would only cost Apple $1 per iPhone to distribute free bumpers to customers as a patch according to Bernstein Research analyst Toni Sacconaghi.

[via AppleInsider (Recall and Loss Estimates) and TUAW]

Unlock MacStories Extras

Club MacStories offers exclusive access to extra MacStories content, delivered every week; it’s also a way to support us directly.

Club MacStories will help you discover the best apps for your devices and get the most out of your iPhone, iPad, and Mac. It’ll also give you access to advanced iOS shortcuts, tips and tricks, and lots more.

Starting at $5/month, with an annual option available.

Join the Club.

A Club MacStories membership includes:

  • MacStories Weekly newsletter, delivered every week on Friday with app collections, tips, iOS workflows, and more;
  • MacStories Unplugged podcast, published monthly with discussions on what we’re working on and more;
  • Monthly Log newsletter, delivered once every month with behind-the-scenes stories, app notes, personal journals, and more;
  • Access to occasional giveaways, discounts, and free downloads.