Magnetically coupled connectors have been used between power cords and appliances in Asia for years longer than Apple have had MagSafe
"Just before 10 a.m. Wednesday, a spoof e-mail posing as an internal Apple news alert was sent to Apple employees, informing them that the release of the iPhone, a touchscreen hybrid phone-and-music player, was being delayed from June to October. It added that Leopard, the next version of the Mac operating system, would move back its launch from October to January.
... 11:56 a.m., a trading frenzy of Apple stock hit Wall Street, and the company's market value plunged $2.8 billion, or 3 percent, in six minutes. Its stock plummeted from $107.89 to $104.61 by 12:02 p.m.
Perfection is acheived only on the point of collapse. - C. N. Parkinson