“ Pity the poor investor who sold Apple shares at $103.42 per share, today, after reading a blog report on delays to the iPhone. The rumor, posted to AOL’s Engadget gadget site early this morning, briefly knocked $4bn off Apple’s market value. Engadget, taken in by a spoof Apple internal email, reported the company’s two most important new launches would be delayed, a new cellphone until October, and the computer company’s new operating system till January.

posted : Wednesday, May 16th, 2007

tags :