Carl Icahn Tweets About Apple Again -Says Tim Cook Believes In Stock Buybacks
Carl Icahn has a new tweet about Apple. We'll let it speak for itself.
Spoke to Tim. Planning dinner in September. Tim believes in buyback and is doing one. What will be discussed is magnitude.— Carl Icahn (@Carl_C_Icahn) August 22, 2013
Icahn recently took a large position in Apple and has said he believes it should trade at $700. The "activist investor" told Reuters he is pushing for a $150 billion buyback, with Apple borrowing funds at 3%.