Steve Jobs Heart Attack Hoax
A person using CNN's iReport posted that Steve Jobs had a heart attack on October 3, 2008. The story was a hoax. A representative for Apple said the rumor was false, and an investigation into the rumor was launched.1
An unnamed teenager was ultimately deemed responsible for the initial rumor, but investigators say there is no evidence that he or she profited from the situation.2
Fast Facts
- False report on iReport posted on the morning of October 3, 20081
- Posted by user name "johntw"3
- Story said that "Jobs was rushed to the ER just a few hours ago after suffering a major heart attack. My source has opted to remain anonymous, but he is quite reliable."1
- Apple's stock price dropped to about $97.45 after the rumor, but recovered3
Stock Fluctuation
Apple's stock fell below $100 for a short time after the rumor spread, but it soon recovered. The original post was removed from the iReport site, and an SEC investigation was under way shortly thereafter.3 4 There was concern that the rumor may have been planted to manipulate Apple's stock prices.5
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