Apple rebounds after false report of Steve Jobs ‘heart attack’

“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.

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!”

31 Comments

  1. @ 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.

  2. @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)

  3. 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.

  4. 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.

  5. 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.

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