Thursday, May 17, 2007

Engadget send Apple's shareprice tumbling

Neville Hobson posts on how an incorrect memo about iPhone and Leopard's delays leaked from Apple employees and found its way to Engadget, causing Apple's shareprice to dip momentarily (yet dramatically). I don't have information as to whether Engadget's post was solely responsible for that, or whether the memo reached investors through other channels, but it's a startling reminder of disapearing boundaries between internal and external communication and of the influence of blogs on corporate matters.

Via an email from El Blogador.

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