Apple co-founder Steve Wozniak caused a flurry of speculation yesterday as he revealed that Apple had purchased speech recognition software company, Nuance.
[ad#Google Adsense 300×250 in story]As it turns out, Woz was wrong. “I thought I’d read about it but obviously got it all wrong,” Wozniak told Reuters in an e-mail.
One possible explanation for the mixup is that Woz was thinking about Siri, which Apple did buy in April 2010.
Woz’s remarks were posted in a video interview by TVDeck.com last night. The video quickly went viral leading Woz to correct the mistake today.
Woz’s error drove up Nuance’s stock 3.7 percent in under a day. That pushed the company’s market cap up by $600 million over Monday’s close.
Woz says Apple has already bought (done deal) a company, so its stock goes up?
It’s hard to believe investors are this dumb.
Amazing how that works, isn’t it?
Buy!
NO! SELL! SELL!!!
LOL!!
I wonder who of his friends have shares in said company?
I love me some Woz quotes.