Currently Being ModeratedFeb 15, 2013 7:18 PM (in response to RickLawOR)
Did you have Push enabled for Mail? Settings>Mail, contacts, calendars>Fetch New Data>Push>On.
Currently Being ModeratedFeb 15, 2013 10:53 PM (in response to Demo)
Thanks for the tip. Push is already on. What's weird is after posting my question and not doing anything at all, suddenly the red counter is back. No explanation how it happened. Go figure.