MDN has learned that Apple will be holding an iPhone 4 press conference this Friday. With any luck, Apple will provide an detailed explanation to the iPhone 4 issues – all of them, not just the reception issues – and what they plan to do to resolve and / or satisfy their users around the globe.

I still have my doubts that there will be an all out iPhone 4 recall. I would think that Apple would simply give away bumpers or an equivalent in Apple Store credit first. Or Apple could use the media event as a opportunity to publicly demonstrate phones from other competitors experiencing the exact same issue. What do you think Apple will say and do during the event? Let us know in the comments.

All eyes will be on Cupertino, CA this Friday at 10 am PDT. [MacDailyNews]