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	<title>Technosailor.com &#187; starbucks</title>
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		<title>Hints at an $800 Apple laptop, Bloggers Report, Stock up 4 points</title>
		<link>http://technosailor.com/2008/10/10/apple-announces-800-laptop-bloggers-report-stock-up-4-points/</link>
		<comments>http://technosailor.com/2008/10/10/apple-announces-800-laptop-bloggers-report-stock-up-4-points/#comments</comments>
		<pubDate>Fri, 10 Oct 2008 16:29:09 +0000</pubDate>
		<dc:creator>Aaron</dc:creator>
				<category><![CDATA[Aaron Brazell]]></category>
		<category><![CDATA[aapl]]></category>
		<category><![CDATA[Apple]]></category>
		<category><![CDATA[dow jones]]></category>
		<category><![CDATA[duncan riley]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[sbux]]></category>
		<category><![CDATA[starbucks]]></category>

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		<description><![CDATA[It was quite interesting to watch the market swing yesterday. Apple (AAPL) took a 20% hit on the market last week when it was expected that consumer spending on &#8220;bling&#8221; would be reduced. &#8220;Bling&#8221; stocks like Apple, Starbucks (SBUX) and &#8230; <a href="http://technosailor.com/2008/10/10/apple-announces-800-laptop-bloggers-report-stock-up-4-points/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<p>It was quite interesting to watch the market swing yesterday. Apple (<a href="http://finance.google.com/finance?chdnp=1&amp;chdd=1&amp;chds=1&amp;chdv=1&amp;chvs=maximized&amp;chdeh=0&amp;chdet=1223668800000&amp;chddm=391&amp;q=NASDAQ:AAPL&amp;ntsp=0">AAPL</a>) took a 20% hit on the market last week when it was expected that consumer spending on &#8220;bling&#8221; would be reduced. &#8220;Bling&#8221; stocks like Apple, Starbucks (<a href="http://finance.google.com/finance?chdnp=1&amp;chdd=1&amp;chds=1&amp;chdv=1&amp;chvs=maximized&amp;chdeh=0&amp;chdet=1223668800000&amp;chddm=1173&amp;q=NASDAQ:SBUX&amp;ntsp=0">SBUX</a>) and other companies representing consumers &#8220;living the life&#8221; mentalities tanked with futures projections.</p>
<p><img src="http://technosailor.com/files/picture-54.png" alt="Picture 5.png" border="0" width="600" height="392" /></p>
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<p>And then yesterday came. Duncan Riley had an exclusive reporting the imminent release of an <a href="http://www.inquisitr.com/4834/exclusive-apple-to-launch-800-laptop/">$800 laptop from Apple</a>, the first sub-$1000 machine ever in the line of Apple products. From there, well read blogs like <a href="http://venturebeat.com/2008/10/08/apples-brick-manufacturing-to-process-yield-a-800-macbook/">VentureBeat</a>, <a href="http://www.macrumors.com/2008/10/09/apple-to-launch-an-800-laptop/">MacRumors</a> and <a href="http://gizmodo.com/5060950/new-apple-notebooks-may-start-at-800-made-from-actual-bricks">Gizmodo</a> &#8211; to name just a few &#8211; ran with the story.</p>
<p>Later in the day, Engadget reported an October 14th event where <a href="http://www.engadget.com/2008/10/09/apple-notebook-event-is-on-october-14th/">Apple would announce their new laptop line</a>. Former Engadget editor, <a href="http://www.ryanblock.com/2008/10/is-right-now-really-the-moment-for-apple-to-launch-new-laptops/">Ryan Block</a>, <a href="http://www.9to5mac.com/October-14">9 to 5 Mac</a> and <a href="http://digitaldaily.allthingsd.com/20081009/apple-announces-oct-14-notebook-event/">Digital Daily</a> &#8211; again, to only name a few &#8211; ran with the story.</p>
<p>The result was fascinating. The DJIA is currently down over 300 points indicating yet another bloodbath on Wall Street. However, Apple stock is through the roof, up almost 5 points at this moment.</p>
<p>I am in no way suggesting people should go about trying to manipulate the market by creating stories or otherwise fabricating false positive pressure on the market. <a href="http://sec.gov/news/press/2008/2008-214.htm">That is a crime</a>. However, it&#8217;s important for blogger to recognize their ability to affect the market for the positive or negative.</p>
<p>And the pressure remains on the top-tier bloggers to use that power wisely and recognize that their words matter. If ever there was a &#8220;responsibility&#8221; at the feet of these bloggers, it is now.</p>
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