According to Loop Insight, Apple on Wednesday invited select press to a special press conference they will be holding this Friday in California. The only news available right now about the Press Conference is that it will be about the iPhone 4, which obviously points towards the Death Grip reception issues users are facing.
Apple may also address the press about the recent Consumer reports, though it is highly unlikely. All eyes and ears will be tuned towards California. We will update when more information about the Apple Press Conference on Friday becomes available. Hold your iPhone 4 right till then.