- Apr 12, 2001
Despite rumors of a decline in iPhone production that was credited for a dip in Apple's stock price, Digitimes reports that Taiwan-based component makers have stated that iPhone production remains on target.
CNBC has the backstory on this errant rumor:
Article LinkWhen CNBC reached Boockvar in his office Tuesday evening, he said the entire incident was based on a misunderstanding.
Boockvar says he was contacted by TheStreet.com's reporter and when asked about the iPhone/iPod production problems, he merely said that he, too, had heard the rumors.
"We weren't issuing any kind of report," Boockvar said. "We don't have an Apple analyst, we don't even have a tech analyst."