InvestSMART
The Intelligent Investor Growth Fund is listing on the ASX. Initial Offer closes Friday.

Icahn bites into Apple

Shares in Apple rose sharply after corporate raider Carl Icahn revealed he had taken a "large position" in the company, calling the US tech giant "extremely undervalued".

Shares in Apple rose sharply after corporate raider Carl Icahn revealed he had taken a "large position" in the company, calling the US tech giant "extremely undervalued". Mr Icahn wants Apple to return more cash to shareholders. He said he'd had a "nice" conversation with Apple CEO Tim Cook and planned to speak to him again shortly.

Join the Conversation...

There are comments posted so far.

If you'd like to join this conversation, please login or sign up here

Related Articles