Comments on: In on-air gaffe, Fox Business Network confuses Apple with Abu Dhabi

An anchor on the network's Money for Breakfast show incorrectly reports that Apple purchased an 8 percent stock in AMD--when, in fact, it was Abu Dhabi that bought the stake.

[Pete Bardo]

Big Surprise

Network news isn't always accurate and the anchors aren't always intelligent. Score one for bloggers--they seem to have gotten the story right.

This would be why I don't watch TV news. First off, it's not always right--actually it's wrong most of the time. Second, the political news usually just ticks me off and there's not one thing I can do about it.

I think I'll take FBN off my favorites list.

[JonTitor]

And they say watching the news is productive

"To make matters worse, the program even referred to the country incorrectly, as "Abu Dubai," not "Abu Dhabi.""

actually Abu Dhabi isn't a country, it's an Emirate of the UAE, Dubai is another Emirate. But yes it's still sad to see them get it all wrong. And big rebound saying "Oh the Arabs"

it's also sad to see a serious business report getting all excited over Apple's business like a teenager and iPods

[gishimuku14]

the reporter is no better

she states that

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

Abu Dhabi is the capital, not a state.

She also stated:

"When the mistake became clear, Glick's co-host, Peter Barnes, said, "Oh, the Arabs. OK." To make matters worse, the program even referred to the country incorrectly, as "Abu Dubai," not "Abu Dhabi."

Referred to the country incorrectly, not Abu Dhabi...Abu Dhabi is the capital, not the country.

Everyone involved in this story is obtuse. Probably even myself for taking the time/caring enough to write this.

[smandley]

The first sentence is correct

Abu Dhabi IS one of the seven states that make up the UAE. Its largest city, also named Abu Dhabi, is the capital of the country. Mubdala Development, which is making the investment, is funded by the state, not the city.

[vassanc]

it's Fox, what do you expect?

no one seriously watches fox business for their analysis do they?

i think their definition of 'research' involves checking google AND yahoo

[reader123aaa]

Perhaps the author needs an education as well

Abu Dhabi is not a "country" you git, it's an Emirate in the United
Arab Emirates and the federal capital of the UAE.