Apple has been stunned by the fact that it has been using the wrong formula to calculate network strength on iPhone 4. While the company is not ready to blame a part of the problem on its antenna design, it is willing to take your phone back within 30 days of purchase without any additional fees. Considering that Apple will face a lot of lawsuits over iPhone 4, this move may not be that significant after all.

Let’s face it. Apple does not know how to respond to this tsunami of criticism that it has received over iPhone 4. We are not just talking about the antenna issue. It seems some iPhone 4 owners are having issues with their cameras. Add to that the fact that some iTunes accounts may have been recently hacked, and Apple is on the verge of facing a huge disaster.

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By now, there is no secret that many iPhone owners are with AT&T due to not having any other choice. AT&T may brag about having the most innovative phones and a large customer base on TV. But the company is still not holding up its end of bargain by improving quality of calls throughout its network. So how is it that Verizon and other network carriers fail to get their hands on iPhone when their customers lust for the device? Apple needs new networks to expand its market-share, so it seems like a no brainer move for the company to go with Verizon or T-Mobile.

Computer World discusses a very interesting theory on its latest piece about this issue. Could it be that Apple decided to stay with AT&T for now in exchange for AT&T offering cheap plans to iPad owners? How about the fact that iPad plans are prepaid? Most carriers love nothing more than locking people in long term contracts. AT&T may have given up a lot for iPad to keep iPhone to itself for now. If that is the case, it may take a while before iPhone owners get to switch their network.

Credit: InvestorPlace

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Wonder what it takes to watch lives NCAA games on your iPhone? CBS has finally decided to jump on the iPhone bandwagon and offer live video streaming for the iPhone platform. You are going to get NCAA Sweet 16, Elite 8, Final Four, and National Championships right on your iPod Touch and iPhone. And it will cost you less than a 5-dollar footlong

NCAA March Madness On Demand also features game recaps, bracket information, and latest headlines. So if you don’t have access to a Wi-Fi connection, you can always check the score and listen to live audio. But if you are on Wi-Fi, you are golden.

You’ll have access to On Demand feature till April 6th. That should give you plenty of chances to watch NCAA games live on your iPhone.

Here is a summary of what you get:

• Live Video Streaming on Wi-Fi
• Live Audio Streaming on 3G
• Video highlights
• NCAA brackets
• Live scores, headlines, and so on
• Edge Matchup previews

Overall, NCAA for iPhone does what it’s supposed to do. It gives you everything you need to watch live NCAA games and make knowledgeable statements about it all.

Your take: any specific NCAA picks? Discuss them here.

Not really talking about the movie (which I thought was so unfunny it turned funny in the end). I am talking about the coolest iPhone application for those of us who do not really have a sense of direction. I personally can’t find my car 95% of the time but now thanks to this cool iPhone application (G-Park), you can park you car, set the application, and then use it to get turn by turn direction to your car. I know. It sounds like a simple task to do but even Garmin touts their newest feature, “Where Am I” which is pretty much the same as what G-Park does. The difference? Garmin costs close to $500 and G-Park costs $0.99!

If you are planning to buy the new 3G iPhone for the sake of hacking and unlocking it, you might want to rethink your strategy. As we reported earlier, iPhone 3G will not be sold online. The main reason for this change of strategy on Apple’s part is to make sure people activate their phones. In fact, Apple doesn’t even allow you to leave the store without buying your service. Now, sources are reporting that Apple will penalize people who do not activate their phones within 30 days of their purchase.

Does this all mean that you cannot unlock the new iPhones? Not really. It’s just that it will be much more expensive to do so now. But hey. If you can unlock the phone and sell it for profit (after you take out the penalty fees and …) then maybe it’s worth doing this.