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

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

Posted August 13, 2013 at 7:26pm by iClarified
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]


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

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


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Comments (5)
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gamerscul9870
gamerscul9870 - 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.
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Thenorm
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
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Jack black
Jack black - August 13, 2013 at 10:40pm
Sounds like someone wants to sell to the Patsy's
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csns
csns - August 13, 2013 at 8:31pm
Isn't this speculation? :)
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Nuck Chorris
Nuck Chorris - August 13, 2013 at 9:18pm
... and self interest.
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