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Carl Icahn Pushed Tim Cook for $150 Billion AAPL Buyback Over Dinner

Posted October 1, 2013 at 5:49pm by iClarified · 9206 views
Billionaire investor Carl Icahn revealed that he pushed Apple CEO Tim Cook for a $150 billion buyback at a dinner last night, via his Twitter account.

Had a cordial dinner with Tim last night. We pushed hard for a 150 billion buyback. We decided to continue dialogue in about three weeks.

Icahn recently revealed a large position in Apple and said the company is 'extremely undervalued' pushing the company's stock up.

During Apple's April 23rd conference call the company revealed that its share buyback program had been increased to $60 billion.

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