Description: Carl Icahn, who disclosed a $1 billion stake in Apple Inc. (AAPL) in August, said he had dinner with Chief Executive Officer Tim Cook and “pushed hard” for a $150-billion share buyback.
Source: Bloomberg.com – video report
Date: Oct 01, 2013
Questions for discussion:
- Summarize the financial plan proposed by Carl Icahn.
- What is the current plan at Apple?
- What do you think the best decision is for Apple and for shareholders?