Sunday, October 26, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Panasonic to Offload Sanyo's North America TV Business
Google's Pichai to Become Head of Product at Google: report
Internet Explorer 11 Toolkit Allows Enterprise Admins "Spy" On Their Employees
FCC Says Airwave Auction To Delay Until 2016
HP Broadens Moonshot Portfolio With Intel-powered Models
Microsoft To Keep Nokia Brand For Low-end Smartphones
LG Introduces Its First Octa-Core Application Processor
Cloud and Surface 3 Drive Microsoft's Revenue
Active Discussions
Copied dvd's say blank in computer only
How to generate lots of different CDs quickly
Yamaha CRW-F1UX
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
 Home > News > General Computing > Carl Ic...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, August 14, 2013
Carl Icahn Has Invested in Apple


Investor Carl Icahn announced Tuesday on Twitter that he had made a large investment in Apple, calling the stock "undervalued."

Billionaire Carl Icahn took a "large" position in Apple shares. He believes "Apple has the ability to do a $150 billion buyback now by borrowing funds at 3 percent.

Icahn also said he is requesting that Apple Chief Executive Tim Cook and company officials pursue a bigger buyback of its stock to help raise the value. Earlier this year, under investor pressure, Apple decided to increase the size of a dividend-and-buyback program to $100 billion, including $60 billion to repurchase stock through 2015.

Earlier on Tuesday, Icahn sent a tweet, saying: "We currently have a large position in APPLE. We believe the company to be extremely undervalued. Spoke to Tim Cook today. More to come."

He also tweeted: "Had a nice conversation with Tim Cook today. Discussed my opinion that a larger buyback should be done now. We plan to speak again shortly."

The investor has become increasingly active in the tech sector in recent years.


Previous
Next
Smartphone Sales Exceeded Feature Phone Sales for First Time        All News        New Never Settle Forever Bundle By AMD
Baidu Buys 91 Wireless     General Computing News      Facebook To Offer OpenTable Restaurant Bookings Via Mobile; Eyes Voice Recognition App

Get RSS feed Easy Print E-Mail this Message

Related News
GT Advanced Technologies Reaches Settlement Agreement With Apple
Bonhams Sells Apple Computer For 905K USD
BofA Double-Charged Apple Pay Customers
Apple To Stop SSL 3.0 Support For Push Notifications
Strong iPhone, Mac And App Store Sales Drive Apple's Record September Quarter Revenue And Earnings
Apple iOS 8.1 Available For Download
Apple Introduces New iPad Air 2, iPad mini 3 And iMac with Retina 5K Display
New iPads Leaked Ahead Of Official Launch Event
New iPhones Arrive in 36 More Countries This Month
GT To Stop Production In Sapphire Plant, Accuses Apple Of 'Oppressive" Contract Terms
Apple and Google Each worth more than USD $100
Icahn Urges Apple To Start Buying Back More Stock

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .