Posted by & filed under Financial analysis, Growth & Valuation, Management Issues.

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

Link: http://www.bloomberg.com/news/2013-10-01/apple-s-cook-pushed-hard-by-icahn-for-150-billion-buyback.html

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?

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