Wednesday, April 16, 2003

Universal Chaos...

In a very uncharacteristic move, Steve Jobs himself has released a statement from Apple stating:

"Apple has never made any offer to invest in or acquire a major music company. The press statements this morning attributed to Vivendi board member Claude Bebear are untrue, as Mr. Bebear has confirmed in a later report. Beyond these comments, we will abide by Apple's policy of not commenting on rumors."

Despite this proclamation, LoopRumors is claiming that Apple will announce plans involving Vivendi Universal in the Q2 earnings conference call in just under half an hour.

Any product announcement during the conference call would be incredibly unusual, and nothing of that nature is expected. Beyond that, analysts predict Apple will announce a 2 cents-per-share profit for the company's second fiscal quarter.

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