My money is that Apple says the press is over exaggerating and that they attack Consumer Reports head on. I just really don't see Apple ever admitting that they messed up. It's not in their nature to admit anything that they do is wrong, so I don't see them starting now.
While this is a big stupid design error (and one that they obviously knew existed before it came out), the fact remains that the average iPhone user doesn't use their phone for anything so probably doesn't even recognize the issue. And by average I don't consider anyone here average. AT&T said that 94% of iPhone users on their network are less than 200MB a month. If you can stay under 200MB it means you don't do a damn thing on your phone. Wi-Fi is not yet available in enough public areas to be on Wi-Fi 24/7 so if you DO find yourself on Wi-Fi that much it means you're at home or Starbucks and you're never using your phone when you're outside.
Mobile minute usage has gone down tremendously in favor of messaging and I'd put my job on it that anyone who IS having a problem with this issue thinks it's AT&T's fault with reception before they even consider it to be an Apple related issue.
So, if I was a gambling man, I'm going with Apple pulling a Matrix-like "there is no spoon" and saying that there is no issue and that the media is just blowing this way out of proportion.
I actually would be shocked if Apple admits they aren't perfect and messed up and actually does something about it.
I hope Apple does the exact opposite. I would have more respect for them if they admit the mistake and resolve the issue.