This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Apple iPod Bug: Tech Rumor of the Day

(Updated to include Apple's response, new stock prices)

CUPERTINO, Calif. ( TheStreet) -- Apple (AAPL - Get Report) may be ready for its close-up, but a possible camera glitch could blemish the new iPod picture.

Apple's iPod event Wednesday is expected to focus on music and it is widely expected to be a showcase for a revamped line of iPods with cameras.

The potential troubles with camera modules were reported Monday on the Appleinsider blog. "Technical difficulties" threaten to delay the new iPod, according to the report that cites a source with "a strong track record in predicting Apple's upcoming product launches."

Separately, Hardmac, a French Apple blog reported Monday that a camera glitch has affected some production of the iPod Touch.

While big for music fans and particularly huge for Beatles lovers, the iPod event isn't expected to be all that significant for investors who are more focused on Apple's iPhone and Mac products. But if the glitch reports are true, it could cause delays of some of the new iPods during the upcoming holiday season.

Chipmaker OmniVision (OVTI) is a key supplier of image sensors to Apple.

Apple declined to comment and OmniVision representatives were not immediately available Tuesday.

Investors shrugged off the rumors. OmniVision shares were down fractionally and Apple was up 1.4% in recent trading.

-- Written by Scott Moritz in New York.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
OVTI $29.38 1.49%
AAPL $93.74 0.00%
FB $117.58 0.00%
GOOG $693.01 0.00%
TSLA $240.76 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs