By Tanner Stransky
Updated July 16, 2010 at 09:55 AM EDT

Apple Inc. will hold a press conference at its Silicon Valley headquarters this morning to make an announcement about its latest iPhone model, the iPhone 4, according to the Associated Press. No details about what exactly will be said have been released, but it’s generally understood that the company will respond to the ribbing it has taken after complaints of problems with the smart phone’s antenna have flooded in since the device’s release.

It’s not yet known what actions to company will take to fix the problem or offer compensation to consumers for the issue. Most prominently, Consumer Reports issued a review of the device, saying it couldn’t recommend it because of the problems with reception. “When your finger or hand touches a spot on the phone’s lower left side—an easy thing, especially for lefties—the signal can significantly degrade enough to cause you to lose your connection altogether if you’re in an area with a weak signal,” the publication stated. Apple has yet to comment on the report.