Carl Icahn Thinks Apple Is Undervalued, Meets With Tim Cook

Billionaire Carl Icahn has taken a “large position in APPLE,” and has met with Tim Cook. Last night, he tweeted: We currently have a large position in APPLE. We believe the company to be e...
Carl Icahn Thinks Apple Is Undervalued, Meets With Tim Cook
Written by Chris Crum
  • Billionaire Carl Icahn has taken a “large position in APPLE,” and has met with Tim Cook.

    Last night, he tweeted:

    All Things D managed to get a statement about the conversation from Apple:

    “We appreciate the interest and investment of all our shareholders. Tim had a very positive conversation with Mr. Icahn today.”

    Not much else is known about the conversation or just how “large” the aforementioned position is, but we’ll no doubt get a better idea in the future. Either way, the news has been good for Apple shares, which are currently at $499.55 (+9.98‎, 2.04%‎) as of the time of this writing.

    In other Apple news, the company has quietly acquired TV guide-like app Matcha, which was shut down a few months ago, signaling a potential component of its TV plans.

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