Apple basically tells Carl Icahn to take a Hike

Carl Icahn, the billionaire investor who recently purchased a sizeable quantity of Apple stock was pushing Tim Cook to buy back $150 billion in shares or all of Apple’s cash. Tim Cook, through the companies official response basically told Carl iCahn to take a hike.

Apple made it perfectly clear that they know how to effectively run the business and they’re not about to let some hot shot billionaire who’s only owned Apple stock for less than a year, via his tweeting means to come in and potentially do Apple great damage for his gain. For more details on the story see “Apple’s Tim Cook to billionaire Carl Icahn: Step aside“.