1. iMore.com's Avatar


    Last week CNBC ran a story about billionaire investor Carl Icahn having a good conversation with Tim Cook. Icahn says they both agree that Apple stock is undervalued, and that Apple is still studying Icahns proposal for a $150 billion stock buyback. Icahn has made it pretty clear to Cook that he isnt going away. So, why is that exactly?

    Full story from the iMore Blog...
    11-22-2013 02:00 PM
  2. Ipheuria's Avatar
    I said it already and I'll say it again Carl Icahn is a billionaire. So whatever happens to Apple is certainly not going to change his life very much. If the stock goes up and then the company tumbles he will still remain a billionaire or at worst he'll become a high value millionaire. As a billionaire he's probably used to risk and if the reward is great then that is probably all he sees. However as a company that was once on the brink I think Apple is smart enough not to take on huge amounts of debt. I just don't get it I see the Twitter IPO, snapchat being offered 3 billion, I can't remember which other tech startup I saw with a $4 billion valuation. The problem for me is none of them generate revenue so why are they valued so highly? Perhaps I'm just scared by the pie in the sky attitude like what was present before the dot com bubble burst but damn it's a lot of money floating around for unproven promises.
    jmr1015 and taz323 like this.
    11-22-2013 04:20 PM

Similar Threads

  1. Evernote, Wunderlist and other task management apps - which is best?
    By James Falconer in forum Mac Apps & Games
    Replies: 29
    Last Post: 06-16-2017, 03:33 PM
  2. Replies: 7
    Last Post: 03-21-2014, 03:49 PM
  3. which is best option between ipad and iphone?
    By iMore Question in forum Ask a Question
    Replies: 6
    Last Post: 11-22-2013, 09:42 PM
  4. Is it possible to go to 10.8 from 10.9
    By BBGary in forum Ask a Question
    Replies: 5
    Last Post: 11-22-2013, 01:48 PM
  5. What is iCloud Keychain?
    By iMore Question in forum Ask a Question
    Replies: 1
    Last Post: 11-22-2013, 12:26 PM
LINK TO POST COPIED TO CLIPBOARD