Fox Business News reported on Friday that Apple is purchasing an 8% stake in AMD. A few minutes later FBN corrected itself and reported that Abu Dahabi had actually made the purchase and not Apple. Apparently FBN had incorrectly read a Wall Street Journal report on the news wire.
However, the on-air blunder was only part of the story. After incorrectly announcing the Apple purchase FBN guest contributer Charles Payne analyzed the deal and proclaimed the purchase “real smart by apple”. Real smart!?! Are you kidding.
Via Valleywag.
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