Is Icahn Right About Apple?

The following video is from Thursday's edition of Investor Beat, in which host Chris Hill, and Motley Fool analysts Matt Koppenheffer and David Hanson, dissect the hardest-hitting investing stories of the day.

Billionaire investor Carl Icahn has increased his stake in Apple (NASDAQ: AAPL  ) by 22%, and has sent a letter to Apple CEO Tim Cook, continuing his push for a massive $150 billion stock buyback. Some have accused him of having purely short-term interests as the motivation behind the move. He however, says that this couldn't be further from the truth. In the lead segment on today's Investor Beat, Matt and David discuss the feasibility of the buyback, how beneficial it would really be for the company, and what our analysts think of Icahn's real motivations.

Apple has a history of cranking out revolutionary products... and then creatively destroying them with something better. Read about the future of Apple in the free report, "Apple Will Destroy Its Greatest Product." Can Apple really disrupt its own iPhones and iPads? Find out by clicking here.


Read/Post Comments (0) | Recommend This Article (2)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2698914, ~/Articles/ArticleHandler.aspx, 11/26/2014 12:42:41 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement