Who says blogs aren’t influential? Engadget the famous gadget blog post an entry saying that Apple will delay the launch of iPhone and Leopard OS based on an internal e-mail they received from Apple. The email says something like this

This one doesn’t bode well for Mac fans and the iPhone-hopeful: we have it on authority that as of today, the iPhone launch is being pushed back from June to… October (!), and Leopard is again seeing a delay, this time being pushed all the way back to January. Of 2008. The latest WWDC Leopard beta will still be handed out, but it looks like Apple-quality takes time, and we’re sure Jobs would remind everyone that it’s not always about “writing a check”, but just how much time are these two products really going to take?

Engadget post this blog entry at EST 11.49am, and within 6 minutes (11.56-12.02) Apple’s stocks went from $107.89 to $103.42, wiping $4 billions off Apple’s market cap.

And this turns out to be a hoax. Engadget says the email was for sure sent from internal Apple email but Apple responded saying

This communication is fake and did not come from Apple. Apple is on track to ship iPhone in late June and Mac OS X Leopard in October.

Anyway, Engadget update their entry and Apple stock went back to normal around 12.22, ending the day at $1.40/share or $1.25Billion of Apple’s market cap. The thing is, a daily blog entry from Engadget can cause Apple’s stock market to shake. Those who think blogs are not influential should now consider otherwise.