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Sat, Nov 21, 2009 - 09:39 AM EST  —  AAPL: 199.92 (-0.59, -0.29%)  |  NASDAQ: 2146.04 (-10.78, -0.5%)

Apple rebounds after false report of Steve Jobs ‘heart attack’
Friday, October 03, 2008 - 12:26 PM EST

"Apple Inc. rebounded in Nasdaq trading after the computer maker said an unconfirmed report this morning that Chief Executive Officer Steve Jobs had a heart attack and was hospitalized is false," Connie Guglielmo reports for Bloomberg.

"The report is 'not true,' spokesman Steve Dowling said in an interview. The shares fell as much as 5.4 percent after a post on CNN's iReport.com citizen journalist Web site cited an anonymous source saying Jobs was rushed to the hospital after suffering a 'major heart attack.' The report has been removed," Guglielmo reports.

"Apple, based in Cupertino, California, rose $3.82 to $103.92 at 11:32 a.m. New York time on the Nasdaq Stock Market after earlier falling to $94.65," Guglielmo reports.

Full article here.

MacDailyNews Take: If the false 'heart attack' report was about Ballmer, Microsoft shares would have quadrupled.*

*At the very least. And now, a toast! "Long live Steve Ballmer and may he remain Microsoft's CEO for as long as it takes!"

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Oct 03, 08 - 11:31 am Comment from: TomaZ

Wow, someone got rich easy!

Oct 03, 08 - 11:36 am Comment from: Modbus

I hope they catch the slimy bastard and lock his sorry ass up. What a douche nozzle.

Oct 03, 08 - 11:40 am Comment from: Modbus

I wonder if they'll trace the IP address to a small apartment in Tel Aviv.

Oct 03, 08 - 11:43 am Comment from: MacClassic

It's the work of stock short sellers to make a quick buck.

Oct 03, 08 - 11:47 am Comment from: DanielM

@ Modbus re

"I wonder if they'll trace the IP address to a small apartment in Tel Aviv."

Just what the fsck does that mean.

You are just as much an idiot as the guy who reported the rumour in the first place.

Oct 03, 08 - 11:49 am Comment from: ralph from berlin

so please tell me somebody what is the idea of short-selling other than giving a few market manipulators the means to ripping off the vast majority of investors? why not forbidding it all together?

Oct 03, 08 - 11:49 am Comment from: HMCIV

@MDN Take

Yes, but rumors of Ballmer having a heart attack are much more believable. It's just one of those things that just makes sense.

Also, if Ballmer had a heart attack, who's to say anyone (including Ballmer) would actually know)

Oct 03, 08 - 11:51 am Comment from: rahrens

I guess I got lucky, I got one share at 96.975 this morning, it has now gone up enough to just about pay for the transaction fee!

Score!!

Oct 03, 08 - 11:51 am Comment from: Demon

Well with the Price of APPL falling below $100 I for one took advantage of taking another long position with 7,000 shares.
I do hope that they fry the D bag.

Oct 03, 08 - 11:51 am Comment from: Sixvodkas

@DanielM ;

What?

It was quite obvious that the League of Scandinavian Obstetricians, Tel Aviv chapter, were up to their old tricks again.

Oct 03, 08 - 11:52 am Comment from: Anonymous©

@DanielIM, he was making a reference to Laura Goldman. Look it up.

Oct 03, 08 - 11:54 am Comment from: Modbus

DanielM:

Try thinking instead of being a total jerk-off:
http://macdailynews.com/index.php/weblog/comments/16312/

And screw you. There's no need for you to be an angry douchebag. Try Xanax instead.

Oct 03, 08 - 11:54 am Comment from: Buster

@DanielM..,...calm your shorts

I think Modbus was referring to Sara Goldman....I thought it was a clever line.

Oct 03, 08 - 11:58 am Comment from: Buster

Whoops...didn't see Anonymous's post....and yeah I meant Laura

Oct 03, 08 - 11:58 am Comment from: Sprite for Lunch

Off topic, I know, but has anyone else seen Photoboard for iPhone?
It does the same thing M$'s $10,000 big ass table does, all for $1, and truly mobile on the iPhone. Very cool. Take that, Ballmy!

Oct 03, 08 - 12:02 pm Comment from: viktor

Remember the 300 millions from Microsoft campaign? there goes 290 millios in fraud comments...the other 10 are for Sanfield..

Oct 03, 08 - 12:07 pm Comment from: ralph from berlin

by the way the iphone is now available in russia and you can also choose to have it subsidized which is a novelty for that market as far as i know. they even produced a russian version of the guided tour. so yes, apple starts to take that hugh market seriously. it's about time. disclosure: i have lived there for 3 years.

Oct 03, 08 - 12:13 pm Comment from: iMaki

That was cold MDN! LOL! Very cold!!! wink

Oct 03, 08 - 12:14 pm Comment from: Ron

@DanielM
Well, Israel is a safe haven for crooks who escape justice and cannot be deported back to US.
Do you want some examples?

Oct 03, 08 - 12:49 pm Comment from: Macintosher

Long Live Jobs!

Oct 03, 08 - 01:17 pm Comment from: DanielM

A Modus

So one false rumour by some frigg'n idiot justifies another?

Oct 03, 08 - 01:48 pm Comment from: Macaday

Sht the f*ck up MDN, APPL is now $97 thanks to your aggrandising..

Oct 03, 08 - 01:48 pm Comment from: GizmoDan

AAPL rebounds: Not so much. Currently $97/share.

Oct 03, 08 - 01:53 pm Comment from: Modbus

It was intended to be sarcastic and humorous.

Again - Lighten up, Francis.

Oct 03, 08 - 02:06 pm Comment from: ralph from berlin

what amazes me is that apple does let it happen. 45 bn in marketcap have vanished in one week! 5 days! by oct 21 we will be at 75. thank you very much apple, that you care so much about your investors!

Oct 03, 08 - 02:41 pm Comment from: Berlin-Shmerlin

@ralph from berlin

The drop in Marketcap was due to the ENTIRE us stock market being in crisis.

And educated investor who had money in the American stock market would know that.

Oct 03, 08 - 03:04 pm Comment from: DogGone

Apple has not any worries about its position. After all they are the ones who know how they are really doing.

It seems to me that there should be rules about reporting rumors like that. CNN could be easily fined for releasing an unsubstantiated story that has financial consequences.

Just remember in the last financial meltdown it was Apple that rose from the ashes with the iPod. I bet their product pipeline is even more exciting. Apple are also a lot stronger now with three major product lines and the iPhone has barely started to take over the market.

Eight years ago Apple were selling less than 1M Macs per quarter and the iPod was a twinkle in Job's eye.

Now they're close to 3M Macs per quarter, 10M+ iPods and 5M iPhones. No other company is growing like Apple is.

Shame the brokers just want to manipulate the market. They're like the mortgage companies, greedy and irresponsible.

Oct 03, 08 - 06:47 pm Comment from: Jim - TIV

Modbus... absolutely freaking hilarious to wonder woman wannabe in tel aviv.... ignore Daniel, he over reacted to something he read wrong, and then isn't big enough to make amends for it. Ignore the troll and they go away bro.

again - VERY funny joke.

Oct 04, 08 - 10:58 am Comment from: Ampar

Thanks, Jim - TIV.

Oct 04, 08 - 11:03 am Comment from: Modbus

FWIW - I have close relatives living in Tel Aviv and Jerusalem. If you're ever on the beach outside Tel Aviv, try the ice cream.

Oct 04, 08 - 11:54 am Comment from: Macdoc

J-boys are so touchy...Lighten up!

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