Read the full post; this is another classic truth-is-stranger-than-fiction Apple scenario
So everybody is up in arms now after it turns out that iPhone 4 can’t pick up signals when you’re holding it in your hand, because the band around the phone is the antenna and if you’re touching the antenna it screws everything up.
First of all, this is not a big issue. If you’re experiencing this, most likely it’s not the phone at all — most likely you’re just living in a place where there’s bad reception, in which case the solution is simple: you need to move.
Or maybe you’re living in a place with good reception but you just need to buy a bumper for your phone and/or wear latex gloves while holding the phone.
Or you can try going bare-handed and just learn how to hold your goddamn phone properly. Either way, it’s no big deal.