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DigiTimes mongers-up new iPods with touchscreen and WiFi for Wednesday
As if you need another source "confirming" the launch of new iPods at Apple's September 5th event, along comes DigiTimes riding their wave of Taiwanese component manufacturing insiders. According to the folks who brought us the Powerbook G5, Apple is due to drop a new Inventec Appliances manufactured, flash-based widescreen "iPod video" with touch-interface (widely rumored to carry the iPod Touch brand) sporting WiFi and an iPhone-like UI when it ships "at the end of this month or early October." Also in the cards is a Foxconn manufactured iPod nano with more storage and iPhone-like UI at the same prices as existing models and higher capacity iPod shuffles from Asustek. So yeah, it falls in line with all the other rumors but that doesn't mean we're buying it.
Inventec Appliances execs fail to disclose iPod order cuts, could face prison
Earlier this year, Inventec Appliances (spun off from Inventec Electronics) was raided as prosecutors began looking for evidence to support charges of alleged insider trading, and now it looks like nine of the firm's employees could be headed to the slammer. Taiwan's Banciao District Prosecutors Office "alleged that nine executives and one lower level employee failed to publicly reveal a steep drop in iPod orders until after they had sold off nearly $22.4 million worth of stock," and although the employees knew of the order cuts as early as January 19th, nothing was publicly revealed until mid-March. Purportedly, prosecutors "are seeking the stiffest penalties against the two top executives," and if the evidence sticks, we have all ideas that Inventec will be huntin' a new Chairman (and President, too) in the not-too-distant future.[Via TUAW]
iPod iNsider trading?
Nine bigwigs at Taiwan's Inventec Appliances could be headed to jail over allegations of insider trading-- the executives allegedly failed to report lowered order numbers by Apple before dropping off $22.4 million worth of stock on the Taiwan Stock Exchange. Apparently, Apple decided to send more of its iPod order to China, and the executives reportedly knew in mid-January that the decision had been made to do so. But they didn't reveal the troubles until mid-March, at which point IA's stock tumbled, and the execs had already reportedly unloaded their stock.In other executives and stock news, Jobsy picked up a few Apple shares this week-- 120,000 for $5.75 a piece. The stock price has actually been dropping since around August 1st, but considering the price is right around $117 right now, Steve is sitting pretty-- it's good to be the king. Apple says Jobs isn't selling at this time, though. Obviously-- he's got to wait until the ultraportable shows up, right?[via MacBytes]
