Tag: carl icahn

  • Carl Icahn is now asking for $50 billion instead of $150 billion from Apple

    Wall Street Journal reports that Carl Icahn has softened his stance on Apple’s cash The activist billionaire had originally urged the technology company to repurchase $150 billion of its stock immediately. He called a previously announced buyback by Apple, which the company said was the biggest buyback authorization in history, too small and too slow.…

  • Carl Icahn’s shares worth $2.5 billion

    AllThignsD reports that Carl Icahn owns 4.7 million Apple shares. But in a letter to Apple CEO Tim Cook, released to shareholders last month, Icahn disclosed that his stake has grown to 4.7 million shares, which, as of yesterday’s closing price, would be worth $2.5 billion. Then again, he did say that it was not…

  • Is Carl Icahn good for your company?

    Some folks might think that Carl Icahn‘s plans for Apple’s cash pile is good for the company. After successfully taking Dell private, Michael Dell disagrees, though. “It’s a big poker game to him,” says Dell. “It’s not about the customers. It’s not about the people. It’s not about changing the world. He doesn’t give a…