Speaking On Apple, Steve Jobs, Netgear Chief Executive Goes There

Apple chief executive Steve Jobs said that reception problems with the new iPhone 4 have been overblown but apologized to buyers who experienced issues and offered free cases as a fix.Jobs, speaking at a press conference for a select group of journalists at Apple headquarters, said other smartphones have antenna problems similar to those reported with the latest iPhone model."We're not perfect," Jobs said. "Phones aren't perfect either."

Apple chief executive Steve Jobs said Friday the new iPhone 4 has received the highest customer satisfaction ever but acknowledged reception complaints, saying "we're not perfect," Dow Jones Newswires reported.Jobs, speaking at a press conference for invited journalists at Apple headquarters, said other smartphones also experienced reception problems.He said Apple had sold more than three million iPhone 4s since the device was launched three weeks ago and that only 0.55 percent of buyers had called Apple support about the reception issues.

Jason Schwarz submits:What is Apple (AAPL) stock going to do now that Steve Jobs has taken another medical leave of absence? Let’s review what we know: