Carl Icahn claims Apple 'extremely undervalued'
The famous billionaire Carl Icahn has posted a couple of tweets, where he claims that Apple is 'extremely undervalued' and he is planning to obtain a bigger share of Apple.
We currently have a large position in APPLE. We believe the company to be extremely undervalued. Spoke to Tim Cook today. More to come.
Had a nice conversation with Tim Cook today. Discussed my opinion that a larger buyback should be done now. We plan to speak again shortly.
The result of Icahn's tweets was Apple's stock upsurging by 5%.