Apple stock buyback

Speaking with CNBC earlier in January, activist investor Carl Icahn expressed his belief that Apple stock is still undervalued and he would update his price target from $203. Back then, AAPL was trading at $115.78. Fast-forward to today, and Icahn has issued a letter to his Twitter followers (205k) with his new price target: $216.30....

Apple plans to sell more debt, the company has disclosed in a filing with the SEC this morning. As spotted by Business Insider, Apple will sell about $5 billion in new debt and use it for "general corporate purposes", such as stock buyback, dividend payments, funding for working capital, capital expenditures, acquisitions, and repayment of...

Tim Cook has promised great things for 2014, and only a quarter of the year has passed, with hot rumours of the forthcoming iPhone 6 and its alleged specs (especially the display size) and iWatch. This helped set the stage for high expectations among investors. Data compiled by Bloomberg shows that options on Apple stock...

A new letter signed by billionaire investor Carl Icahn reveals he gave up on Apple's $50 billion buyback push. He says, "there is no reason to persist with our non-binding proposal" (via BusinessInsider). While Wall Street has been disappointed with Apple's quarterly earnings – which pushed the company's stock price down – Carl Icahn has purchased...