Gates Capital Management's ECF Value Funds have a fantastic track record. The funds (full-name Excess Cash Flow Value Funds), which invest in an event-driven equity and credit strategy Read More
Details on “Bendgate”
Bendgate erupted back in September shortly after the iPhone 6 launch when pictures and videos were posted to the Internet supposedly showing how the iPhone 6 Plus could be easily bent while sitting in a user’s pocket or by being bent by hand. The topic went viral and major smartphone manufacturing rivals such as Samsung and LG mocked Apple through social media over the controversy.
Apple replied to the situation by saying the complaints were overblown, and that warping in the iPhone 6 Plus was extremely rare.
Apple statement on Bendgate
Apple eventually issued a statement about the iPhone 6 bending controversy saying the issue is very rare during real world use, and, moreover, the company has only received complaints from nine customers to date. The tech titan also noted that the “new iPhones feature steel/titanium inserts to reinforce stress locations and use the strongest glass in the industry.” Apple did not deny that the device could be bent, but said that bending is “extremely rare” during normal use.