Beware of Today’s Latest Apple Inc. (AAPL) Rumor

Page 1 of 2

Apple Inc. (NASDAQ:AAPL) generates more buzz than any other tech company on the blogosphere, and sometimes, there are rumors that investors shouldn’t give a second glance. We’ve covered some of these questionable stories in the past, and they’ve included the media’s overreaction to a Black Friday study and multiple Apple iPhone rumors reported as fact. Heck, even last week, a bogus Facebook story briefly hurt FB shares, and we all remember the fake Google acquisition story in November.

Apple Inc. (AAPL), Amazon.com Inc. (AMZN), Barnes & Noble Inc. (BKS)

As we’ve mentioned before, our point is this: many armchair analysts simple misread a story’s original source, and that’s how we find ourselves getting into this situation.

Today’s latest Apple Inc. (NASDAQ:AAPL) news is that the company is testing its next smartphone and operating system, according to TheNextWeb. In TNW’s original story, developers are speculating “that Apple has been testing hardware relating to a new ‘iPhone6,1′ identifier, powered by a device running iOS 7.” The story also mentions the following:

“From the developer logs that we have seen, the app requests originate from an IP address on Apple’s Cupertino campus, suggesting that members of Apple’s software development and app teams are compatibility testing some of the more popular or well-known applications already on the App Store. Although OS and device data can be faked, the unique IP footprint leading back to Apple’s Cupertino campus leads us to believe this is not one of those attempts.

Let us be clear by stating that there is nothing wrong with TNW’s report; the outlet does not make any mention of a specific iPhone model. That hasn’t stopped some media outlets from deeming the news as evidence that the phone in development must be Apple Inc. (NASDAQ:AAPL)’s iPhone 6. Frankly, this doesn’t make much sense.

Even more egregiously, this misinformation is branded as a “report,” despite the fact that TNW’s original story made no mentions of which iPhone model may be under testing.

So what should rational investors actually expect from Apple Inc. (NASDAQ:AAPL) in 2013?

Page 1 of 2
Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

Most Expensive Animals in the World

Most Expensive Specialty Crops in the World

Movies That Took Ages to Make

The Longest Hollywood Films Ever Made

Most Expensive Concert Stages

The Richest Bands of all Time

10 Most Corrupt Countries 2013 List

10 Countries with the Highest Quality of Life Index

Most Expensive Mattresses in the World

5 Smallest Countries by Land Area

The Ultimate Heartbreak Songs

Richest Teenagers in the World

10 Most Haunted Places in America

10 Best Places to Retire in Florida East Coast

Top 10 Places to See Before You Die

Top 8 Countries in the World Where Justice Prevails

10 Richest States in America

15 Wealthiest Countries in the World

Richest Singers in the World

Most Expensive Tasting Menu in New York City

Most Expensive Baby Items in the World

Most Expensive Hotel Suites in Vegas

Most Expensive Brunch in New York City

Most Expensive Beef Cuts in the World

25 Best Colleges to Get a Job

Top 10 US Supermarkets

The 25 Most Dangerous Cities in the World to Visit

Most Expensive Xbox Games

Top 11 Cities Where Billionaires Live

Top 10 Most Charitable Companies in America

Most Expensive Seafood in the World

The 10 Wildest Conspiracy Theories

The 10 Best Job Markets in the US

Top 10 Accounting Scandals of All Time

The 25 Biggest Cities in the World

Top 10 Best Paying Virtual Jobs

Most Expensive Leather Shoes in the World

Top 6 Things to Buy in March

The 10 Most Stressful Jobs in America – 2014 List

Top 10 Jobs for Introverted People

Top 10 Honeymoon Destinations in the World

Top 10 Highest Paying Jobs in the World

Most Expensive Day-Care in New York City

The 10 Cheapest Places to Retire Abroad

Top 10 Most Expensive Luxury Cars in the World – 2014

Killer Small Business Ideas

The 50 Best Personal Finance Blogs

Most Expensive Apartments in New York City

Bloodiest UFC Fights Ever Fought

Most Expensive Rum Brands in the World

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!