Results 1 to 6 of 6

Your favorite Apple, iPhone, iPad, iOS, Jailbreak, and Cydia site.


Thread: Icahn Back to Bugging Tim Cook in Public

  1. #1
    MMi Staff Writer Michael Essany's Avatar
    Join Date
    Aug 2009
    Location
    Valparaiso, Indiana
    Posts
    3,822
    Thanks
    17
    Thanked 1,480 Times in 566 Posts

    Default Icahn Back to Bugging Tim Cook in Public


    These days, it's tough to say if Carl Icahn is most brilliant in his investing or public relations. Either way, he can't be beat. From cashing in half of his Netflix stake this week to pocket $800 million in profit, to teasing the launch of a new website by invoking the Apple brand, Carl Icahn is a genius on many fronts, it seems.

    Recently, the billionaire investor once again lobbied (this time via written letter) Apple CEO Tim Cook in his relentless effort to inspire Apple to proceed with a larger share buyback. What did Icahn tell Cook exactly? We're about to find out.

    As Carl Icahn tweeted today: "Just sent a letter to Tim Cook. Full letter will be disclosed on my website, the Shareholders’ Square Table, which will be launched tomorrow."

    The man knows how to drive traffic to a website, does he not?

    As some will recall, Icahn and Cook sat down at dinner several weeks ago to discuss Apple's buyback program. Icahn believes - and strongly - that Apple could move ahead with a much larger buyback than it is currently doing. The billionaire has gone on record several times to argue that shares of Apple are "extremely undervalued."

    Icahn presently holds an estimated $1.5 billion stake in AAPL.

    Source: Bloomberg

  2. #2
    Grumpy *T*'s Avatar
    Join Date
    Nov 2011
    Location
    Turn around slowly...
    Posts
    670
    Thanks
    122
    Thanked 48 Times in 39 Posts

    He calls those black pits eyes? He is soulless for sure.

  3. #3
    Livin the iPhone Life Carvensno's Avatar
    Join Date
    Oct 2010
    Location
    Fresno, Calli
    Posts
    1,991
    Thanks
    2,629
    Thanked 1,730 Times in 741 Posts

    That guy need to take a weed whacker to those eyebrows

  4. #4
    These boards have long been a cesspool for the uniformed to spit their venomous thoughts...

  5. #5
    It will be interesting if Apple do go for a bigger buy back
    Last edited by dsg; 10-24-2013 at 08:33 AM.

  6. #6
    My iPhone is a Part of Me RandyTG's Avatar
    Join Date
    May 2010
    Location
    NH, USA
    Posts
    910
    Thanks
    2,256
    Thanked 626 Times in 362 Posts

    There is a nice stay rich strategy; buy a huge position in a company, get them to do a larger stock buyback, which is design to drive the stock price up, and then you sell after doubling your money. I hope Apple is politely telling him to go fnck himself. Apple or any company should do nothing that would be in this guys best interest, especially if he is asking them to make him richer.

Posting Permissions
  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •