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Carl Icahn Discloses 'Large Position' in Apple, Believes Company is 'Extremely Undervalued'
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I don't care about Samsung, but Google has really been getting on my nerves because of a few incidents:
1. They screwed up the YouTube channel layout.
2. On the side of my YouTube channel, there was some "popular channels" section that was a little annoying. I hid it, and it said that if I hide it, it will not recommend my channel to anyone else. WTF. I blocked it with AdBlock instead.
3. You need a phone number to make a Google account. Sheesh.
4. They locked both of my Google accounts because I tried to log in from Mexico. Come on, I just want to check my email.
5. Google+ in general. I want that s*** dead unless it's going to stay clear of Google's other services, which it's not, it seems.
6. I opened Google Earth. It said that I am REQUIRED to install an automatic, fully background Google Updater that runs all the time. I found a workaround to prevent it from running.
7. (forgot to add this) YouTube randomly asks me for my name all the time.
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Step 1 - Have "analysts" shell Apple 24-7 for a year.
Step 2 - Buy $1 billion position in Apple
Step 3 - Come out and praise Apple and say how undervalued it is
Step 4 - Profit
Step 2 - Buy $1 billion position in Apple
Step 3 - Come out and praise Apple and say how undervalued it is
Step 4 - Profit
The issues I have are outlined in that post. Even if erratically and emotionally. Don't get me wrong. I'm not about to hurt someone. Nor am I a racist. Just expressing a deep frustration. Feel much better now I posted it.
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I love when people who have absolutely no idea how the finance industry works come out and post their unfounded/illogical conclusions as if it's fact.
...you should probably consider getting professional therapy if the inner workings of a company that you aren't employed by bother you this much.
Just another speculator trying to make a fast buck without contributing anything. Screw him, and Buffet, and the rest of them.
Hmmmm does he know something we don't? There may be a huge surprise waiting for us on the 10th...
He knows Apple is EXTREMELY undervalued for their product portfolio and huge profits. The fact that these idiotic analysts keep tanking the stock with their stupid made up stories is ridiculous.
And Apple is the market leader, not Android. That is about to change with the 5c going to other world markets.
Game On!
You asked a question and I answered it. You didn't ask for prognostication on the plausibility of said answer.
But Dell doesn't have a market cap of $440B
Led Zeppelin released a few records and there was a gas crisis, but that's not important right now.
Hmmmm does he know something we don't? There may be a huge surprise waiting for us on the 10th...
He knows something that you could also know if you bothered looking. Just six weeks ago, AAPL was under $400. At that price, current cash + about 5 1/2 years of current profits was more than the share price. That's ridiculously low. Now, above $489, which makes Apple the most valuable company by market caps once more, that's current cash + about 7 years of profits, still ridiculously low.
While true, Icahn is NOT rich enough to do that to Apple. His net worth is ~$20BN, and he's only thrown $1BN at them. That's a drop in the bucket to Apple.
There are two possibilities:
1. You are not a professional psychologist, so you are in no position to make any diagnosis.
2. You are a professional psychologist. The thought is frightening.
Carl Icahn is not even close to Warren Buffett.
Warren Buffett doesn't destroy healthy businesses and he does not invest in companies to force them to distribute their cash. I love Buffett. All I know about investing I got from Buffett, Graham and Damodaran.
Carl Icahn on the other side is an activist investor and that's really a bad thing. He searches for companies with massive cash reserves. After he bought a great amount of stocks he starts to influence management and forces them to reduce the cash reserves by increasing dividends or by starting stock buybacks. This is not good for Apple.
This are really bad news. The first really bad news regarding Apple since Steve's passing.
Warren Buffett doesn't destroy healthy businesses and he does not invest in companies to force them to distribute their cash. I love Buffett. All I know about investing I got from Buffett, Graham and Damodaran.
Carl Icahn on the other side is an activist investor and that's really a bad thing. He searches for companies with massive cash reserves. After he bought a great amount of stocks he starts to influence management and forces them to reduce the cash reserves by increasing dividends or by starting stock buybacks. This is not good for Apple.
This are really bad news. The first really bad news regarding Apple since Steve's passing.
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Don't get your panties in a bunch. I never attempted to 'diagnose' him with anything, but his post came off as a wee bit emotional, even compared to a lot of the other fanboyism found on these forums. He needs some fresh air if he's actually ANGRY at Google/Samsung and feels like breaking someone's Android phone out of frustration. Here's a diagnosis, since you seem to want me to make one: anger issues?
A Tweet from a guy saying, "I just bought $1Billion of AAPL" is not a "simple twitter post".
did he say that? thought the amount was not yet disclosed. even still...just because someone buys a huge chunk in of itself doesn't improve company fundamentals.
That's not big. It's important to us here but it's a tiny, tiny part of Apple's business.
It's kind of like root beer sales at McDonald's. Now they sell a lot of root bear, most likely more than anyone in the world, but it's still absolutely nothing compared to their sales of burgers, fries, shakes, salads, McMuffins, Coke, Sprite, Coffee, milk, etc.
(SEC rules require that I mention I really can't stand root beer)
Apple cannot go private by itself. If Apple buys 51% of the outstanding shares, the 49% shareholders own these shares as well indirectly. The shares owned by Apple itself don't count.
If some private investors spent enough money to buy 51% of the outstanding shares, that's different.
i'm sure apple will rise again, it just needs some more focus and hardwork, amd in 1-2 years time apple will be back where it once was, the top of the game.
Hmmmm does he know something we don't? There may be a huge surprise waiting for us on the 10th...
This can only mean one thing: Steve Jobs is back!
That's 7 years of current profits but Apple profits have been falling lately so you can't say this. And for share price of a company with falling profits (which is not investing to expand like Amazon does) there is only one way - down. BTW, this clown is also very interested in Dell (even more so than in Apple).
nope. just a guy who's better at investing that you or most people are. if both he and warren buffet say the same thing, you can believe theres a very good chance they know what theyre talking about.
the real manipulation were the tools who rumored-it-down so they could hit their bonus numbers a couple months back. some stories about it...
Please educate us all on how the finance industry works.
If his goal wasn't to pump up Apple's share price, why did he go public with his position? If he really thought Apple was undervalued, why did he do something which would inevitably drive up the price of the stock before procuring more?
good for him, and moreover good timing, just before the "busy fall".
say hello to a soon to be billionaire!
say hello to a soon to be billionaire!