According to possibly the worst stock analyst in the history of man, Apple will be releasing a product called 'Conversation'. It is supposed to be some sort of Instant messaging client. We know Apple is releasing AOL IM with iPhone 2.0. We'd give this slightly less chance than a snowball in hell. BTW, "don't sell Bear Sterns.its fine!" How many people lost their retirement on that one?
Update: According to the Video on CNBC (which is currently down) he was referring to iChatAV - which is a 5 year old product.which doesn't make him any less of an idiot.