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>But they don’t lie, because they understand that one of Apple’s key assets is its credibility. They’d say nothing before they’d lie. This is so typical of Gru
by saudioger 8y ago
>But they don’t lie, because they understand that one of Apple’s key assets is its credibility. They’d say nothing before they’d lie.
This is so typical of Gruber as an evangelist.
There's no way that Apple would remain silent on this even if they KNEW it were true. The only possible move is denial.
Silence is validation or uncertainty, a statement of ambiguity will tank the stock and reputation as experts, recognition of even partial truth could possibly destroy their supply lines overnight.
I honestly think the corporate denials here need to be outright ignored because they have so much to lose. A story of this magnitude is basically like pointing a gun to someone's head and asking them for permission to pull the trigger.
- fermienrico 8y agoI see Apple and Amazon has a tremendous incentive to lie. What incentive do you see for Bloomberg to report a major story and lie!? Why would they do that?
- saudioger 8y agoYou can theorize all sorts of conspiracies, like the government planting the story to distance China... so it's possible Bloomberg was mislead. I think at this point it's more believable the story is true, because Bloomberg is the most credible participant at this point... they're anonymous sources, but as long as Bloomberg did their due diligence as journalists, they've validated their (numerous) sources as credible. ...and like you said, all these corporations have MASSIVE amounts to lose. Just check out what Trend Micro's stock is doing today.
- fermienrico 8y agoThat's exactly my point. They have MASSIVE amounts to lose - that's why they don't want to admit that their datacenters are compromised. Super Micro's stock is down -41%.
- jrnichols 8y ago> What incentive do you see for Bloomberg to report a major story and lie!? Why would they do that? just like all of their other stories on Apple products/etc that have been wrong - page clicks and ad revenue. Writing about Apple gets you both. the WSJ is in the same boat. Quoting vague "sources briefed on the matter" is just mysterious enough to keep the reader on the hook for more. I haven't trusted Bloomberg to report anything accurate about Apple for years now.
- pokemongoaway 8y agoHow is this related to your recent comment, "My opinion about Apple has changed recently. They're now actively promoting privacy and I am OK with trading repairability with privacy."