That was the cry from Apple fanbloggers last month when the Wall Street Journal reported that Apple had reduced component orders, a possible sign of softening demand for Apple products. That story broke nine days before Apple was to report its earnings, and sent the stock reeling downward.
But if that was the case, then who’s manipulating Apple stock now, with this sudden barrage of “leaks” about the iWatch?
Does no one else think it’s kind of remarkable that this unreleased product suddenly starts showing up in dozens of blog posts and press stories? And that these leaks happened, coincidentally, right after Apple’s stock endured a brutal slide from just above $700 in September to a low of $435 in January?
The last stock plunge took place after Apple reported disappointing earnings for the holiday quarter, and ended up treading water in the $450 range. That was Jan. 28.
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