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A defiant Chief Executive Steve Jobs has called poor smartphone reception an industrywide problem, but rival CEOs and experts dispute that claim. The so-called “Antennagate” saga has weighed on Apple’s shares and outlook. “Apple’s sending a strong signal it sees things differently.” “This is one of the few times in recent memory that Apple’s guidance has been ahead of the Street, at a time when investors were getting concerned the iPhone 4 antenna issues could hamper sales,” said Oppenheimer & Co analyst Yair Reiner. Apple’s projected $18 billion in revenue for the current quarter exceeded Wall Street’s prediction of about $17 billion - an unusually optimistic forecast for a company notorious for its conservative outlook. It reported also a surprisingly large 33 percent spike in Mac computer sales - helped partly by a strong showing in Asia - that beefed up June-quarter earnings, as iPad and iPhone business came in largely in line.īut it was a revenue projection sharply ahead of Wall Street’s targets that stole the limelight.

SAN FRANCISCO, July 20 (Reuters) - Apple Inc AAPL.O gave an unusually upbeat revenue forecast that trounced Wall Street's expectations and eased fears that the 'Antennagate' controversy around its iPhone 4's reception would hurt sales, boosting its shares 3 percent. * Shares up 3 percent after-hours (Adds details from call, earnings report updates shares)

* Execs play down iPhone 4 impact despite criticism * Unusually upbeat Apple rev forecast exceeds Wall St view

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