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> they have more incentive to lie than Bloomberg does The other way around. Apple and Amazon have very strong incentives to tell the truth. This has significan
by polemic 8y ago
> they have more incentive to lie than Bloomberg does
The other way around. Apple and Amazon have very strong incentives to tell the truth. This has significant implications for their business (i.e. stock price) and if there is one thing that executives want to avoid, it's SEC filings based on false information given to the market.
Meanwhile, Bloomberg has the reputation of journalists with patchy histories of security news reporting. Perhaps they've been fed a line by government sources, but there is little financial incentive to fix any errors.