Unfortunately for Apple, the iPhone 4 antenna drama isn't likely to die down anytime soon. "It needn't have come down to this. They could have addressed the problem early on," said Kumar. "This will probably be an issue that is either solved in the market or possibly in court."

The antenna woes certainly haven't exactly helped Apple's stock, which is now down 11% from its all-time high of $279 just a month ago.

--Written by Scott Moritz in New York.

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