Apple is set to hold a press conference this Friday according to Engadget, which will be there to cover the event. With the media now demanding a recall due to the reception problems on the iPhone 4 and Consumer Reports retracting its recommendation of Apple's latest handset, it is speculated that Apple and its PR team may be addressing iPhone 4 problems, the worst of which is the reception. In other Apple news, iOS 4.1 has now been seeded to developers, and there are several reports that iOS 4.1 does not solve the reception problem.
We'll see what Apple has to announce or say regarding iPhone 4 on Friday. It could also be that the company is announcing that the white model of the iPhone 4, which has been delayed, will get released soon.