Carl Icahn Reveals Large Position in Apple, Says Company is 'Extremely Undervalued'

Posted August 13, 2013 at 7:26pm by iClarified | Please help us and submit a translation by clicking here | 5486 views

Billionaire Carl Icahn revealed a large position in Apple and said the company is 'extremely undervalued' in a couple rare tweets posted minutes ago.

We currently have a large position in APPLE. We believe the company to be extremely undervalued. Spoke to Tim Cook today. More to come.

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.

Apple's stock has shot up over 5% on Icahn's remarks....

[via Sam]




Share
Add Comment
Steve iTard above - August 14, 2013 at 2:52pm
I think the iphone that came first will lead first for better material, apps, connectivity to apple tv, macs, surface to steal battery life, maps and 3d with flyover, siri, fadter web performance, organization of files. Samsuck will only be rated for idea stealer and picture tap feature! Amen.
Thenorm - August 14, 2013 at 4:29am
Sounds like a pump and dump move, why not shut up and buy more stock ? Granted I'd love to see another game changer like the " I pod " I'm a tech geek like the rest
Jack black - August 13, 2013 at 10:40pm
Sounds like someone wants to sell to the Patsy's
csns - August 13, 2013 at 8:31pm
Isn't this speculation? :)
Nuck Chorris - August 13, 2013 at 9:18pm
... and self interest.
Follow iClarified
Samsung to Produce 75% of A9 Chips for Next iPhone?
Samsung will be the main supplier for Apple's...
Avid Announces Free Version of Pro Tools [Video]
Avid has unveiled Pro Tools | First, a free v...
Apple Predicted to Have Sold 73 Million iPhones in Q4 2014 [Chart]
A new research note from KGI Securities analy...
Concept Renders of the Rumored 12-Inch iPad and Stylus [Images]
Martin Hajek has posted new 3D renders of the...
Today Only Get Amazon Prime for Just $72 [Deal]
To celebrate its two wins at the 72nd Golden ...