Carl Icahn Says Apple is Dramatically Undervalued

Major Apple Shareholder publishes open letter saying that Apple share price is dramatically undervalued. He says the stock price should be $200 right now.

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Carl Icahn Says Apple is Dramatically Undervalued

Carl Icahn published an open letter to Apple CEO Tim Cook. He says that Apple shares are dramatically undervalued. The price should be double, he says. This means AAPL should trade at $200 right now. Because of this Icahn urges Apple CEO Tim Cook to buy back more shares quicker.

The open letter is not criticizing Tim Cook. He is actually applauding him for his performance. The letter also explores areas Apple should explore like 4K Ultra HD TVs.

Carl Icahn holds about 53 million shares of Apple.

You can read the full Carl Icahn letter on his Tumblr.

Updates

Tweets

Carl Icahn teaser tweet to Apple CEO Tim Cook: We’ll send you an ‘interesting’ open letter t.co/2IhC5DGAmb #Business

— 15MinuteNewsBus 1 min 55 sec ago.

Marc Andreessen: Carl Icahn Is Like an ‘Evil Captain Kirk’ t.co/7eznVmVtkZ

— CalypsoIT 2 min 37 sec ago.

@Carl_C_Icahn Ivan dont u think that ur letter to #timcook try to much to move the shares on your interests? #corporaterider ok #God ?

— setaf81 3 min 1 sec ago.

Carl Icahn Reveals Performance of Son Brett’s Portfolio t.co/WXqRgrgxvh via @WSJMoneyBeat

— CVaughanPR 3 min 37 sec ago.

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Luigi Lugmayr
Luigi Lugmayr (Google) is the founding chief Editor of I4U News and brings over 15 years
experience in the technology field to the ever evolving and exciting
world of gadgets. He started I4U News back in 2000 and evolved it into
vibrant technology magazine.

Luigi can be contacted directly at [email protected].

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