Apple Should Do A Bigger Buyback

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Jan 28, 2015

Carl Icahn (Trades, Portfolio) of Icahn Enterprises (IEP, Financial) and his son Bret Icahn appeared on CNBC to discuss Apple (AAPL, Financial). Carl Icahn (Trades, Portfolio) made its clear that he is pleased with Apple and thinks that Tim Cook is doing a great job. During the interview Carl Icahn (Trades, Portfolio) said a short squeeze is now occurring in Apple and a bigger buyback should be done. He's pleased with Apple quarter, and he will revise guidance. Bret Icahn and his portfolio management partner David Schechter of Sargon Portfolio provide their perspective on Apple. David Schechter said that Apple strong quarter results has caused him to revise his model an that Apple to sell for higher valuation.

Part 1

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Part 3