Gripping Antenna Drama Won’t Hold iPhone 4 Back, Says Analyst

Kaufman Bros. analyst Shaw Wu says concerns over the iPhone 4’s antenna performance are overblown and aren’t likely to affect sales.

“We don’t think the antenna issue is that big of a deal where it would warrant a product recall,” he said in a note to clients today. “The reason is that most users have a case anyway to protect their iPhone and to customize to their personal preferences.”

And if things do go downhill, there’s an easy solution: Apple (AAPL) offers a discount on its $29 iPhone 4 bumpers or includes one for free with every iPhone 4 purchase.

[Image credit: Just avoid holding it in that way.]