This is most Apple rumor “news” articles. A sentence worth of questionable info was relayed from anonymous source A to source B to outlet C. Outlet D sees it and expands that sentence into a thousand word article with filler and old info.

My best friend’s sister’s boyfriend’s brother’s girlfriend heard from this guy who knows this kid who’s going with a girl who estimated that the tape-out costs would have reached $1B for the M3!