Pegatron CEO Debunks Bloomberg’s iPad Mini Spin
iDownloadBlog has a very interesting story today that revolves around comments made by Pegatron CEO Jason Cheng in an email to Fortune’s very credible Philip Elmer-DeWitt, regarding a story published by Bloomberg about the iPad mini the previous day. Basically, Bloomberg’s original story came from the Pegatron investor conference, and saw writer Tim Culpan spinning his report on the conference with the headline, “Falling iPad mini demand to push Pegatron electronics sales down.” After reading this, and believing that the headline contradicted what he had learned from his own sources on the matter, Fortune’s Philip Elmer-DeWitt decided to investigate further and emailed Pegatron CEO Jason Cheng for a quote. Cheng replied by saying that Bloomberg’s Culpan made up the claims in his story when Cheng had not provided him with the figures he had wanted.
“I clearly refused to comment on specific products, nor customers, even though he continued with other questions,” wrong Cheng in his email. “I did say those words that he quotes me in the article ‘more on demand, while price has been stable’…, ‘almost every item is moving in a negative direction’…; ‘not just tablets, also e-books and games consoles.’ No indication, nor hint for specific products or customers has been our principle and guideline for any public events such as investors conference. There are always speculation about these meetings.”
iDownloadBlog notes that The Loop’s Peter Cohen also writes about the Bloomberg article, saying,
“It’s pretty clear that Tim Culpan at Bloomberg went into the conference with an agenda and was going to write a damning article about Apple by hook or by crook,” before calling Culpan something very uncomplimentary! Feelings seem to be running very high on this story; maybe people are just fed up of the negative spin that Apple seems to get on certain websites?
Source: Pegatron CEO: Bloomberg is lying about ?falling iPad mini demand?