Thursday, October 20, 2016
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Razer Unveils The New Razer Blade Pro Gaming Notebook
Nintendo NX Will Be Called Switch, Coming In March 2017
Samsung Could Use LG Chem batteries For Future Smartphones
Yahoo Asks U.S. Intelligence Authorities To Explain Email Scanning Order
Chinese LeEco Showcases TV, Smartphone And Self-driving Car In San Francisco
Fujitsu Develops New Architecture that Rivals Quantum Computers
Acer 24-Inch WQHD Predator Monitor Features ZeroFrame Design, 144Hz Refresh Rate With up to 165Hz Overclocking
Kodak Releases The KODAKEKTRA Smartphone Camera Hybrid
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.

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 To Bring E-Ink Dynamic Keyboards In 2018 Mac Laptops
Apple's Tim Cook Visits Nintendo Headquarters
Supreme Court To Hear Apple-Samsung Feud
Court Reinstates $120 million Victory For Apple in Samsung Patent Case
Apple Pay Launches In Russia
Apple Ows $302.4 million to VirnetX, Court Rules
Apple Partners With Deloitte In New Enterprise Push
New Macbook Air, Macbook Pro 2016 Comig Next Month
Apple Develops Amazon Echo-Style Device
McLaren CEO Says There Are No Discussions With Apple
macOS Sierra Now Available As An Update
Apple Unit Ordered To Pay 12bn Yen Bill For Unpaid Taxes

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 .