Fake email plunges Apple stock

Looks like there’s a worm in the Apple. One of the leading gadget blogs published an email they were sent from within the Apple empire that purported to be spilling the beans on delays to the company’s forthcoming iPhone and Leopard OS – and within an hour company stock had shed 2.2% of value before the article was redacted in light of an official denial. The fate of Apple’s stock price means very little to me, but events like this are still fascinating – as it has been suggested that they are a new method of gaming the stock market. Maybe Apple’s computers can’t be hacked, but it seems their PR machine can be.