Endgadget causes Apple to lose 4 Billion.

Talk about some funny stuff, and the power of the internet. Endgadget, a generally well respected tech site reported about a memo that they believed to come from Apple. The memo reported that there was going to be another delay in releasing the iPhone and with Leopard (Mac OS 10.5). As soon as wall street got wind of this, the stock had fallen by 20%. It turned out that the memo was fake, and Apple was not delaying the iPhone or 10.5. Endgadget has now published an apology an explanation on how the incident occurred. Still, pretty funny stuff. (except if you own Apple Stock)


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