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Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living

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Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living

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Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggs

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Meet the Zillennials: The luckiest micro-generation in the workforce, born between 1993 and 1998

The brief life and quiet death of an Apple iPad rumor

By
Philip Elmer-DeWitt
Philip Elmer-DeWitt
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By
Philip Elmer-DeWitt
Philip Elmer-DeWitt
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August 29, 2013, 9:19 AM ET
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FORTUNE — In the wee hours of Aug. 28, Bloomberg’s Tokyo desk reported that Apple (AAPL) was planning to open a store in the city’s upscale Omotesando district, its first store in Tokyo since 2005.

That was a story of only passing interest to anyone who doesn’t live in the neighborhood. 

But buried in the piece’s B-matter, almost as an aside, was a paragraph that quoted a person familiar with Apple’s plans for a Sept. 10 special event. According to this source, Apple plans to release not just new iPhones in two weeks, but also new iPads.

New iPads on Sept. 10?

That would constitute big news in the world of professional Apple watchers. And like Mark Twain’s famous lie — the one that travels halfway around the world before truth can put its boots on — the iPad rumor mades the rounds, starting with a 5:55 a.m. Pacific piece by MacRumors‘ Erik Slivka. 

The rumor lived for nearly six hours — long enough to make hot breakfast reading in Silicon Valley — before The Loop‘s Jim Dalrymple, a Halifax-based blogger with unusually good sources in Cupertino, put a three-word stake through its heart at 11:45 PT:

“Nope. No iPads.”

By then Bloomberg had moved an edited version of the Tokyo Apple Store story from which the iPad reference had been quietly removed.

The market for Apple’s shares, which had bigger things to worry about Wednesday, didn’t seem to care.

In an update, MacRumors’ Slivka noted that the same rumor slipped into an Aug. 19 Bloomberg item, where it still lives on.

NOTE: A few hours before Dalrymple’s post, 9to5Mac‘s Mark Gurman had pointed out that Bloomberg Tokyo’s iPad story contradicted an earlier report by “very-well-sourced” Bloomberg West that said Apple would unveil new iPads sometime after the Sept. 10 event. Apparently Tokyo doesn’t read West’s reports, and vice versa.

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