Apple’s Chief Executing Officer Steve Jobs has announced that Friday, the company would be releasing an iPhone update that promises to solve the problems users have been facing and also fervently complaining about since the iPhone 3G was launched on July 11 this year. 

iPhone v2.1 is said to be able to fix a lot of issues, Jobs stating that  the update will improve battery life, signal strength and also reduce the time it takes to sync the gadgets to iTunes. Moreover, applications will no longer crash and the download speed will increase.

Ever since Apple’s product was released, buyers have been reporting problems with it, posting detailed information on Apple’s support forums, the biggest issue being the dropped calls one. Users stated that even in areas covered by the AT&T Incorporated’s 3G network, their calls were frequently dropped. Consequently, so far, two lawsuits have been filed against the company for having deceived consumers.

Nevertheless, Steve Jobs strongly believes that 2.1 will fix all the aforementioned bugs.

The iPhone is not the only device in for an update, since today, Apple posted a 2.1 update for the iPod Touch gadget, which includes patches for seven vulnerabilities.

The Apple iPhone is a multimedia smartphone that offers services such as e-mail, web browsing and local Wi-Fi connectivity. It was initially introduced in the United States on June 29, 2007.

Apple launched the iPod on October 23, 2001. This week, the company will be introducing two new 4G nano models that are said to be both slimmer and more sophisticated in terms of features than their predecessors.