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560°

Billionaire investor Carl Icahn sells entire stake in Apple

Carl Icahn, the billionaire activist investor who has long been one of the most prominent voices declaring the company to be undervalued, says he has sold his entire stake in the technology firm, citing the risk of China’s influence on the stock.

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theguardian.com
EXTREMETECH2971d ago

Must be some tactic to earn more ptherwise who is goona make his loss by his own.

freshslicepizza2970d ago

he got out in time i think. made an easy 2 billion in the process.

suli123452971d ago

I fear for what's gonna happen the day when the apple logo is turned into a complete apple.

EXTREMETECH2971d ago

We even make fun that the apple is eaten by someone and then given to the tim cook. I think that day is not goona come.

ScorpiusX2970d ago

Will be sued by New York City for using the whole apple instead of the bitten apple. Which would be very cool

Crazyglues2970d ago (Edited 2970d ago )

Apple is a ship without a captain, and while Tim Cook has done an amazing job at keeping the company afloat, Apple's real problem is Tim Cook is no Steve Jobs --> so he has no idea what they should invent or make next, all Tim Cook has been doing is maintaining what was already in place from Steve Jobs... So more updated iPads, More updated iPhones, etc.. etc... There will be no new amazing game changing products.

Apple is stuck in Neutral, and Carl has already seen the writing on the wall with iPhone sales starting to slow down. Apple use to be the leader, the creator of genius moves... but how is it that Samsung has a more amazing phone with dual camera's and OLED display and faster processor and a curved edge screen.. While apple just keeps making the same phone with basic upgrades faster CPU /GPU -better camera.. Nothing special

They went from leading to following... Apples real problem is the lack of a Steve Jobs

So from a stock standpoint, this is the time to get out of the stock..

As far as the company, they will be fine as apple will continue to just keep updating it's products as the numbers continue to fall, because how many times can you just keep buying the same thing over and over, so to return to greatness they will need to find a new Steve Jobs.

So to quote a famous saying, "the emperor has no clothes" and the ship is sinking, but you can always pretend like it's not happening and go back to listening to the captain as the ship takes on more and more water, sooner or later it will become apparently clear to you too. So smart investors like Carl Icahn make a living off of seeing things before they happen.. /but this one was not that hard to see, as the writing is all on the wall.

ScorpiusX2970d ago

Like all things . it must end .

80°

Galaxy S25 to Integrate Advanced Google AI Features

Samsung's Galaxy S25 is set to elevate Google AI integration, extending to hardware depths.

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techacrobat.com
70°

15 Tips & Settings to Get the Most Out of Vision Pro

Vision Pro is here and it’s a surprisingly capable device. Apple has also loaded the headset with a ton of options and features that aren’t obvious at first glance.

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roadtovr.com
70°

Why the Apple Ring could be the missing piece of Apple's ecosystem

Ringing the changes: All the news, rumors, and tips you missed last week.

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macworld.com