Is anyone really shocked? Here, I'll write out the tech media "design pattern" for a new Apple product.
1. Hype up killer pie-in-the-sky feature that makes zero economic sense for Apple (see: retina iPad, 4G iPhone with larger screen). Traffic spikes.
2. As launch approaches, use "inside sources" to mock up designs (Macrumors's "we think the 5 will look like this"). Report on supply chain behavior, leaked case designs, etc. Traffic spikes.
3. Live blog the launch event. Toss in snarky one-liners ("Siri? beam me up Scotty m i rite lolol") because you and your readers are too cool to watch the keynote but I guessssss we'll tune in anyway. Servers overload with traffic.
4. Write editorials complaining about how pie-in-the-sky features from #1 don't arrive. Cover your ass by reporting "supply chain delays" from unnamed sources. Hits among disillusioned gadget connoisseurs (heh) spike.
4.5. AAPL falls 2-3% even though the product will break sales records again. Yawn.
5. Break for a week or two to avoid tech journalism burnout, then repeat for next product. (e.g. iPad HD supply chain rumors in Nov/Dec). Traffic spikes.
Whatever.
EDIT: My favorite was the rumor about the iPad 2 getting a HD screen. The next best screen on the market (the Xoom) was like 140 ppi. Why would Apple drop $n >> 0 per iPad when competitors' screens are relatively abysmal and the iPad would sell out?
Anyone who bought that rumor displayed a serious unfamiliarity with the concepts of marginal benefit and marginal cost.
EDIT 2: Go read the child comment by chugger. It's all about the short positions.