Wozniak Says Sorry, Apple Isn't Buying Nuance, but Shares Jump Anyway
Apple co-founder Steve Wozniak pulled a mea cuppa Tuesday, backpedaling from an earlier statement that Apple (AAPL) was purchasing voice recognition software maker Nuance Communications (NUAN).
But despite proclaiming he was "totally wrong," according to a Reuters report, Nuance's shares jumped as high as 12.2% to a new 52-week high of $19.19 during intraday trading before settling back at the close to end the day at $17.75 a share. Reuters notes that Nuance Communication's shares hit levels not seen in more than two and a half years.
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In pre-market trading Wednesday, the shares continued to gain steam, rising 1.41% to $18 a share.
This time, Woz can't claim he was misquoted. There's a TVDeck.com video showing Woz mentioning an Apple-Nuance merger. Last week, the Woz said in an exclusive Engadget interview that he was misquoted in a Dutch publication as saying Google's (GOOG) Android mobile operating system was better than Apple's iOS.
The Woz isn't shy when it comes to making comments relating to products and services coming out of the iconic company he helped to found. Earlier this year, Woz made an appearance at a California college, where weighed in with his opinions, both positive and negative, on Apple's new toy, the iPad, according to a TechCrunch report.
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