Monday, October 23, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
DVDFab Debuts 4K Ultra HD Copy Software
Razer Unveils New Broadcasting Camera and Microphone
Microsoft's Cortana Gets Into Smart Speakers Market With Harman Kardon Invoke
Samsung, LG Electronics are Lagging in Autonomous Car Race
TSMC Raises Forecasts for 2017 Due to 10nm Demand, Outlines 7 and 5nm Roadmap
Samsung Said to Have Placed Huge EUV Equipment Order From ASML
Samsung Launches the Ruggedized Galaxy Tab Active2 for Business
Intel Capital Announces $60 million of New Investments in Data-Focused Startups
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 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
Apple and GE Partner to bring Industrial Apps to iPhone and iPad
Qualcomm Tries to Ban iPhones From China with Legal Fight
Apple Said to Work With LG Display on a Foldable iPhone
Apple Enters into Deal Content With Spielberg, NBCUniversal: report
Apple Fixes LTE Connectivity Issues in watchOS
Apple Sees Increase in U.S. National Security Requests
Apple's Semiconductor Ambitions Could Disrupt Supply Chain in the Near Future
macOS High Sierra Now Available for Download
New 4K Apple TV will Only Stream iTunes 4K Content
Apple to Fix Watch Series 3 Battery and LTE Connectivity Issues
iOS 11 is Available on Tuesday
Apple Unveils iPhone X, iPhone 8 and 8 Plus, Apple TV 4K and Apple Watch 3

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .