Both prominent analyst Ming-chi Kuo and extremely reliable Apple
reporter Mark Gurman got seemingly taken in this year by a rumor
that the new iPhone 13 line would talk to satellites,
something that completely didn’t happen during the company’s
iPhone 13 announcement on Tuesday.
In fact, the iPhone 13 doesn’t even feature 5G band n53, the
ground-based 5G band owned by satellite operator Globalstar, which
I had speculated was the grain of truth in the rumors. So I was
wrong, too. […]
We may never know what really caused those rumors to spark,
but I wonder darkly if it has to do with some sort of stock
pump-and-dump situation. Satellite provider Globalstar’s
stock jumped after Kuo’s report, and now it’s crashing
back to earth.