Reply to post: Re: 'Fake News' by Bloomberg, then?

Super Micro says audit found no trace of Chinese spy chips on its boards

Anonymous Coward
Anonymous Coward

Re: 'Fake News' by Bloomberg, then?

Apple barely fell the day the story broke, and to the extent it did it fell about the same as the similar tech stocks. Apple has fallen a lot since, but well after the story had faded away so if you think Apple's stock price drop over the past month had ANYTHING to do with this story, you are an idiot.

If you want to short Apple, you don't make up a story without evidence that elicits immediate denials from all companies involved. You report a rumor that one of its suppliers is reporting reduced demand from "one of its largest customers". That's been proven to cause Apple's stock to fall many times in the past, both when the rumor turned out to be true and when it turned out to be false.

Reporting a story you know is false will get you in a lot more trouble than reporting a rumor that you have plausible deniability for because you state outright that it is a RUMOR.

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