Stupid legal question, could this end up becoming a defamation lawsuit?
What Businessweek got wrong about Apple
11–20 of 183 posts
Re: What Businessweek got wrong about Apple
#12Both Apple and Amazon have released VERY STRONG denial statements that bring the whole Bloomberg narrative into question. It's also convenient that no one has yet been able to verify or find any of these mysterious Chinese chips on any of the Supermicro servers in the wild.
So what is the real story here? Did Bloomberg reporters deliberately deceive everyone or were they deceived by the US IC ("intelligence community") as a way to scare technology companies from doing business in China?
Someone at the SEC should scrutinize SMCI shorts at the very least.
Re: What Businessweek got wrong about Apple
#13Very strong denial. Frankly, if true and Apple is saying this kind of a "no" shareholders will sue. Two possibilities: Left hand doesn't know (or can't know) what the right hand is doing at Apple. Top secret? Bloomberg was a victim of a hoax, some nation state (huh huhm!) wants to target China for something so they need a story. Based on what I've read here these past days, I'm leaning towards the second one. Apple c…
> Two possibilities: Left hand doesn't know (or can't know) what the right hand is doing at Apple. Top secret?
I am sure the CEO must know both the hands, if the hands don't know each other. Also that Apple is going to release a strong denial must also have been known to Tim. I don't think that's the case here. Your second possibility looks more plausible.
Re: What Businessweek got wrong about Apple
#14Stupid legal question, could this end up becoming a defamation lawsuit?
Similar question, but should BW turn out to be correct and Apple was for lack of a better word, lying, aren't they on the hook as a public company?
Re: What Businessweek got wrong about Apple
#15The cynic in me wonders about the plausibility of all this.
Firstly, why would you add a new chip to a board, rather than alter an existing one? That would be essentially undetectable.
Secondly, why Bloomberg? It's an odd organisation to get a scoop on something like this.
Thirdly, they talk of the PLA approaching plant owners and such; to do all this, a lot of people would need to know about it, from the top to the bottom. I imagine that would be very difficult to keep secret.
Finally, the timing is very suspicious - it comes with midterms approaching, and Trump and China arguing over trade tarrifs; it would serve the political narrative well for China to be painted as the 'bugbear de jour', and this also plays to the MAGA crowd.
Re: What Businessweek got wrong about Apple
#16The cynic in me wonders about the plausibility of all this. Firstly, why would you add a new chip to a board, rather than alter an existing one? That would be essentially undetectable. Secondly, why Bloomberg? It's an odd organisation to get a scoop on something like this. Thirdly, they talk of the PLA approaching plant owners and such; to do all this, a lot of people would need to know about it, from the top to the…
Can you delete one of your 2 nearly identical comments?
Re: What Businessweek got wrong about Apple
#17Stupid legal question, could this end up becoming a defamation lawsuit?
Similar question, but should BW turn out to be correct and Apple was for lack of a better word, lying, aren't they on the hook as a public company?
Matt Levine likes to say that "everything is securities fraud".
Re: What Businessweek got wrong about Apple
#18The cynic in me wonders about the plausibility of all this. Firstly, why would you add a new chip to a board, rather than alter an existing one? That would be essentially undetectable. Secondly, why Bloomberg? It's an odd organisation to get a scoop on something like this. Thirdly, they talk of the PLA approaching plant owners and such; to do all this, a lot of people would need to know about it, from the top to the…
>Thirdly, they talk of the PLA approaching plant owners and such; to do all this, a lot of people would need to know about it, from the top to the bottom. I imagine that would be very difficult to keep secret.
Well the bloomberg article said that intelligence sources knew that those boards were going to Apple and Amazon, so presumably (if the story is true) someone did speak, maybe
Re: What Businessweek got wrong about Apple
#19Very strong denial. Frankly, if true and Apple is saying this kind of a "no" shareholders will sue. Two possibilities: Left hand doesn't know (or can't know) what the right hand is doing at Apple. Top secret? Bloomberg was a victim of a hoax, some nation state (huh huhm!) wants to target China for something so they need a story. Based on what I've read here these past days, I'm leaning towards the second one. Apple c…
Maybe someone is trying to trash Super Micro’s stock? Seems like this would be a good way to do it.
Though simplest explanation would be the journalist is confused and the sources inside the company aren’t very good.
Re: What Businessweek got wrong about Apple
#20Both Apple and Amazon have released VERY STRONG denial statements that bring the whole Bloomberg narrative into question. It's also convenient that no one has yet been able to verify or find any of these mysterious Chinese chips on any of the Supermicro servers in the wild. So what is the real story here? Did Bloomberg reporters deliberately deceive everyone or were they deceived by the US IC ("intelligence community…
Well, did you expect any of those companies to acknowledge their own incompetence? And do you seriously think Businessweek can make all this up out of thin air?