In Google Terms, Apple = Sell
This weekend, Google’s search engine was churning out a machine-generated warning for Apple (NASDAQ:AAPL) investors. For a brief period, typing in “sell” in the search bar on Google Finance was automatically directing to the page for Apple’s stock. Apple has been in a bear market lately, with shareholders worried about rising capital gains tax in the New Year and doomsday predictions for the iPhone maker trying their best to let go of their hitherto faultless holding.
Google said the result was due to its algorithm, and not a conscious effort to undermine Apple’s stock. “This isn’t deliberate,” Google spokesman Daniel Guidotti told several blogging websites. “Our algorithms seem to be keying off of the words ‘sell’ and ‘sells’ in the description of this very popular stock symbol. We’re working on how to adjust things so it doesn’t happen anymore.”
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Google must have changed its algorithm, since searching for “sell” now brings up a list of stocks with that word in their names or descriptions.
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