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Understand that Engadget is our sister blog, a star in the AOL constellation, with great writers that push the envelope every day to bring readers the very latest, hottest tech news. Yesterday, that drive came back to bite them in the ass when, acting on a tip from a reliable source, they blogged, and then were forced to retract, a story that the Apple iPhone rollout was going to be delayed.

Unfortunately, in the interval, Apple Inc (NASDAQ: AAPL)'s stock lost an estimated $4 billion in about six minutes. Within half an hour of the blog's retraction, the stock had recovered almost its full value.

Continue reading Apple iPhone/Engadget SNAFU: The aftermath

Apple iPhone/Engadget SNAFU: The aftermath originally appeared on BloggingStocks on Thu, 17 May 2007 19:32:00 EST. Please see our terms for use of feeds.

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