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Carl Icahn Increases Apple Stake to $2.5 Billion, Requests Immediate $150 Billion Stock Buyback

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I love how so many people on here think they are smarter than this guy and also that they are smart enough to be advising Tim Cook.

This guy is a BILLIONAIRE, you think *you* know better than him?!

Amazing. :eek::D
 
I think his general idea (about buying back more shares by Apple) is good; it's just that he can't dictate the amount and the time table for Apple. His holding is just about half percent of the outstanding shares. AAPL is too big for him to push around.
 
I request that Apple immediately buy back $600,000 in stocks!

Just wanted to try that out. It sounds ridiculous. Who am I? Nobody! Using Icahn's investment to request ratio, that's how much buyback I am entitled to request, and I sound like a fool making it. So does he.
 
The headline should have read:

"Billionaire demands Tim Cook should make him richer"
 
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Too much talk from him about "the market" and not any about "the product". Not sure who he thinks he is, but Apple should not entertain him with as much as a middle finger.
 
Yup, definitely after the fast buck. There is nothing wrong with their current $60B! buyback over 3 years.

Why the hell would they sink all their reserves into Stock. They have cash flow to make deals and Build plants outside of china, like they are doing with the Mac Pro line and iMacs.

Create Jobs in the US and other places and don't rely on just China.
 
Sj

I think this is why SJ never decided to issue dividends. I think Apple's current plan is good. Tim new in time that the naysayers would come out and the stock would go down, especially once SJ passed. I believe in Apple and it's products and Apple was cheap at $400, if you got in then and the stock is undervalued than Icahn will eventually still be able to make money. Not like he needs more anyway. I hope Tim writes a letter. :apple:
 
rodpascoe said:
I love how so many people on here think they are smarter than this guy and also that they are smart enough to be advising Tim Cook.

This guy is a BILLIONAIRE, you think *you* know better than him?!

Amazing. :eek::D
Click to expand...

This is not a question of knowing better. This is a question of perspective. Icahn has been an Apple investor for how long? So, his interest is securing a short term profit out of his investment. His plan will help achieve that. The problem is that short-term gains are often in contradiction to long-term success. So one can say Icahns plan is bad for Apple even though it may be a good plan from Icahns perspective.
 
Naaaaak said:
In doing so he created a deal for long-term Netflix investors to buy more shares at a lower price. Any disruption he creates will be temporary.
Click to expand...

I'm not complaining. It let me get my father in at 340. (I was in at 215).

But when a large investor sneezes, everyone else gets a cold.
 
rodpascoe said:
I love how so many people on here think they are smarter than this guy and also that they are smart enough to be advising Tim Cook.

This guy is a BILLIONAIRE, you think *you* know better than him?!

Amazing. :eek::D
Click to expand...

doesn't take a genius to see that he's after a quick payday. tim cook should do what is best for apple.
 
rodpascoe said:
I love how so many people on here think they are smarter than this guy and also that they are smart enough to be advising Tim Cook.

This guy is a BILLIONAIRE, you think *you* know better than him?!

Amazing. :eek::D
Click to expand...

No, it's not that we know better than him. But he is an investor. That is all. He is using his wealth to try and force change within Apple. I am an investor, I have a reasonable amount in Apple. But I am not trying to tell Apple to do something.

He is ONLY talking about the money and profit. He doesn't give a crap about the product and probably doesn't even own an Apple product at all.

The point is Apple are doing perfectly well and don't have to take Investment banker risks, cos that is what this is. He doens't know anything about the future products. Apple do not have to and would never tell him. He'd just blab straight away to pump the stock.

And he talks about fecking Getting into DEBT to do this!!! In what way is Apple going to kill their Massive Captial AND borrow money. Sure what he proposes might work, but could go horribly wrong.

AND at the end, has said HE would not participate in a buyback!!!!! So he won't give up his $2.5B - That is about as transparent as it gets. He is just a complete 'Billionaire' Douchbag.
 
I know pretty much nothing about the stock market, so can someone explain to me how all this is not some type of tampering (Not sure of the technical term)? First, to broadcast the fact that he bought stock (In hopes of increasing the share price), and now letting the world know he bought more and wants them to do this and that. This is all legal?
 
pasqualino said:
doesn't take a genius to see that he's after a quick payday. tim cook should do what is best for apple.
Click to expand...

Tim Cook *will* do what's best for Apple, that isn't in any doubt but may be the opposite of what people on here are requesting, it may be the same or it may be something completely different. The reason being that he and Icahn are in a completely different league to any of us on here and are party to information that you and I have no clue on.

Everyone assuming they know exactly what Icahn's motives are with this are living in a dream world. He and Tim would have discussed many things that we are not party too. He has said he is in it for the long game, who knows if he and Tim didn't get this drawn up in writing?

None of us know nor are we qualified to think we do.
 
Carl owns 0.53% of AAPL -- half of one percent. Talk about the tail trying to wag the dog!
 
as is the case with many business ventures, people with money that put themselves in these sorts of positions tend to erode things from within. if you have the money, you generally have say in how things run, and this guy is undoubtably computer illiterate. not someone i would want in a decision making position at apple
 
prowlmedia said:
No, it's not that we know better than him. But he is an investor. That is all. He is using his wealth to try and force change within Apple. I am an investor, I have a reasonable amount in Apple. But I am not trying to tell Apple to do something.

He is ONLY talking about the money and profit. He doesn't give a crap about the product and probably doesn't even own an Apple product at all.

The point is Apple are doing perfectly well and don't have to take Investment banker risks, cos that is what this is. He doens't know anything about the future products. Apple do not have to and would never tell him. He'd just blab straight away to pump the stock.

And he talks about fecking Getting into DEBT to do this!!! In what way is Apple going to kill their Massive Captial AND borrow money. Sure what he proposes might work, but could go horribly wrong.

AND at the end, has said HE would not participate in a buyback!!!!! So he won't give up his $2.5B - That is about as transparent as it gets. He is just a complete 'Billionaire' Douchbag.
Click to expand...

But are you an investor at the same level that Icahn is? Are you internationally renowned for being an investor? Is it your living?? Would you get a meeting with Tim if you requested it? I very much doubt it. This man is qualified to give advise, none of us here are.
 
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