That Chinese media report at Foxconn is absolutely ridiculous
Is this what cnbc is stooping too it's so sickening,,,, anyone with common sense can see they are being paid to air that untrue garbage. This is why apple does not respond because it's so laughable that they can't waste time focusing on such nonsense it's unfortunate because the shareholders do suffer but c'mon cnbc REALLY???
Most of the news, either positive or negative, are untrue anyway. But it really doesn't matter. As long as the stock moves which will be reflected in the technicals often way ahead of the news, you have an opportunity to make money.
I think AAPL should have responded no matter how stupid CNBC reporting was. It seems like CNBC is trying to aggravate AAPL shareholders in order to get some attention from Cook. No matter what the reasons are, CNBC has zero credibility with most AAPL longs!!.
If aapl starts responding to stupid rumors like this then they have to respond to every other ridiculous rumor out there.investors should be smart enough to see through this.that being said there is a limit.CNBC has crossed the line to fraudulent reporting.i am really surprised they have not been sued yet for this.if i were a huge HF and had the money i would have done it already.they believe they are protected by the first amendment and the freedom of press, but they have the duty to report the news to the best interest of the audience and by good faith which they are not.what they are doing is borderline slander and fraud.
That interview with the unidentified worker, showing only the back of his head, brings new meaning to "talking Head". Think about it, CNBC goes to the wrong plant, and translates one interview with one worker, showing the back of his head during the interview. Without confirming he actually worked at the plant that does not assemble the iPhone or iPad. Now that is absurd..... But no there is more..... Several major news and media outlets, picked up the story and repeated it..... So as,bad as CNBC , the others are no better.