CARL ICAHN IS DONE WITH APPLE

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Carl Icahn

CarlIcahn.com

Carl Icahn in 'Danger Ahead'

Carl Icahn has told CNBC's Scott Wapner that he has exited his Apple position.

The stock is down 2% in Thursday's trading day.

Icahn told Wapner that he still liked Apple as a company (he really does). It's just that its issues with China have him spooked.

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"I don't think it's a price point [that would get him to go back into Apple stock]. I think it's my opinion about what is happening in China," he said.

"I think the stock is very cheap still on a multiple basis... I'm not the great expert on China and that bothers me.. I'm worried about it."

More on this to come.

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