“…………..On its morning show, Money for Breakfast, anchor Alexis
Glick accidentally reported that Apple had taken an 8 percent stake in
chipmaker Advanced Micro Devices.

“There's some news coming across the tape right now,” Glick said on
the live program. “We're seeing from Wall Street Journal that Apple is
buying an 8 percent stake in AMD.”

In fact, it was the government of the United Arab Emirates state of
Abu Dhabi, not Apple, that had purchased the stake in AMD.

Even funnier, contributing analyst Charles Payne–the founder and CEO
of Wall Street Strategies–had gone right along with the gaffe.
“That's real smart by Apple because AMD is in trouble right now,” he
had said to Glick. “AMD has always had two problems: either it had a
great product that was either sometimes superior to Intel but not the
distribution, or it would have a terrible product that obviously they
couldn't compete.”

Never mind the fact that Apple has been stocking its computers with,
um, Intel chips, and has been doing so for over two years. If Jobs &
Co. had bought a stock in AMD, that'd be beyond huge
news…………..”