Apple called for a press conference last week in the mist of reports of an issue with the iPhone 4 “antenna issue” , users of the iPhone 4 were reporting that if the new phone was being held “covering the lower left side” , the signal drops making it loose connection and would also drop calls.

Apple CEO “Steve Jobs” took the stage at 4 infinite loop and did a short presentation on “Smartphone antenna performance” along side some hard data numbers from AppleCare and AT&T to explain that nothing is wrong with the iPhone 4′s antenna and that its an issue with all smartphones,in addition, to please its customers, Apple will be providing “Bumpers” to all current and new iPhone 4 owners to avoid the issue from occurring, offer will last till September 30th, a special page for customers to sign for a free bumper will go live later this week on apple’s site.

To watch the presentation, head over to Apple’s site, also, you can read more on apple’s explanation of “Smartphone Antenna Performance” here.