The Wall Street Journal, and specifically reporter Yukari Iwatani Kane, which have both provided information in the past suspected to have come from Apple, have an article up in which they site sources saying Apple new of the risks with their new antenna design -- something Apple denies -- and that there won't be a recall.
Apple Inc. released its newest iPhone despite internal concerns about its antenna reception, and gave wireless carriers far less time to test the phone than is typical, according to people familiar with the matter.
According to them, Steve Jobs liked it so much, and Apple kept it so secret, it went ahead anyway and didn't get the testing it needed. Sources also said some previous designs had been killed because of issues like antenna reception. Apple denies Bloomberg's earlier report that the head of antenna design had previously expressed concerns to Jobs about the design:
"We challenge Bloomberg BusinessWeek to produce anything beyond rumors to back this up. It's simply not true."
As to a potential recall, the paper simply states:
Apple doesn't plan to recall the phone, a person familiar with the matter said.
We'll find out tomorrow. Feel free to drop your predictions in the comments.