Carl Icahn’s Recent Lunch With Tim Cook

Peter Dodge:

I hope that Tim Cook, and the board of Apple, will feel free to ignore Icahn because Icahn’s not invested in the company, he’s only invested in the stock price, in his own greed. Sure, he might file a lawsuit to try and effect the changes he wants, but ultimately I think the majority of Apple’s shareholders understand the difference between investing in a company with a future and a stock with a price.

Doesn’t seem to me that Icahn has the best interests of Apple in mind with his recommendation of a massive $160 billion stock buy-back.

★ Monday, 7 October 2013