iPhone 4 recall could cost Apple $1.5 billion

Josh Ong of AppleInsider:

Toni Sacconaghi, an analyst for Bernstein Research, said in a note to clients on Tuesday that while a full product recall is “highly unlikely,” it could theoretically cost the company up to $250 per phone. Sacconaghi estimates 6 million units sold or in transit, resulting in a recall price tag as high as $1.5 billion.

I have to think Apple would give away free bumpers before doing a full product recall. The bumpers solve the reception issue and probably cost pennies to manufacture (even though Apple sells them for $30 a piece).