After the buzz about Apple iPhone 4’s reception issue, in a recent iPhone 4 Antenna Press conference Steve Jobs announced that every iPhone 4 owner will get a free bumper that can solve the reception problem.

- image by ArsTechnia

Reported by ihackintosh, in a recent shareholders meeting Apple confirmed that free Bumpers are going to cost them $175 million.

This is a loss of $175 Million but as we see the recent Q4 earning of Apple that is $15.7 billion, $175 Million doesn’t seem to be a big number as compared to that. Apple already said that iPhone 4 is their most successful product so far.