Thursday, June 30, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
B&O PLAY H5 In-ear Earphones Launch Globally
Samsung Starts Selling Unlocked Galaxy S7 Phones
Qualcomm Files Additional Complaints in China Against Meizu
Nero Offers Latest SecurDisc Technology For Effective Data Protection
OPPO and Vivo Set To Enjoy Significant Smartphone Production Growth This Year
Netflix To Offer Original Series In Asia
Qualcomm Snapdragon 600 and 800 Procesors To Support Google Tango Augmented Reality Technology
HTC Joins Investment Firms to form VR Venture Capital Alliance
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
Samsung To Become An Apple OLED supplier
Chinese Authorities Say iPhones Violated Rival's Patent
Apple Previews iOS 10, macOS Sierra Update, watchOS 3, New Siri Capabilities And tvOS
Apple To Announce Software Enhancements In Developers Conference
Apple App Store To Start Showing Ads
Apple Services Back Online After Outage
Apple Looking Into Charging Stations For Electric Cars: report
Apple Supplier Talks About All-glass iPhone
Apple Celebrates Chinese Music with GarageBand Update
Apple Invests $1 billion in Chinese Ride-hailing Service
Apple and SAP to Develop Business Apps For iPhone And iPad
Apple Loses China Trademark For 'iPhone' On Leather Goods

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .