Billionaire Carl Icahn teases letter to Apple CEO Tim Cook to promote new website

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Comments

  • Reply 21 of 46
    Def hope Apple doesn't bow down to Ican whom just wants to further line his packets and cares less about Apple's long term future.
  • Reply 22 of 46
    MacProMacPro Posts: 19,426member
    Let us have a vote of share holders on whether we want Tim to listen to anything Carl ever says again or accept any more dinner invitations. :D
  • Reply 23 of 46
    MacProMacPro Posts: 19,426member
    sog35 wrote: »
    With Ichan's help Netflix went up 400%
    The dude is smart and know how to manipulate Wall Street. 

    So you don't think Netfix having to adopt a poison pill defense against him reflects on what a wonderful asset they thought he wasn't?
  • Reply 24 of 46
    This asshat is as bad as patent trolls; if not worst.
  • Reply 25 of 46
    Quote:

    Originally Posted by Ireland View Post

     

    I'm sick of this clown.


     

    Likewise. Icahn is a blowhole.

  • Reply 26 of 46
    Quote:

    Originally Posted by sog35 View Post

     

    With Ichan's help Netflix went up 400%

    The dude is smart and know how to manipulate Wall Street. 


     

    He's obviously no dummy, but he's still a grating personality.

  • Reply 27 of 46
    Don't be so quick to hate on Icahn. With the big drop in value last year, obviously Apple is no Wall Street darling and for a stock to go up, like it or not, it has to be a darling. Icahn can help with that. That is why Cook met him.
  • Reply 28 of 46
    Apple got pushed down to $385 for no good reason, and Apple management was completely helpless., have you people forgotten that? The recent recovery is partly due to Icahn, like it or not, he has considerable sway on Wall Street. For us to keep going up, Icahn can help sway some of the 24/7 attack in Apple to something positive
  • Reply 29 of 46
    For those who says Icahn manipulate Wall Street and only helps himself and his firm? Uh the only way he helps his firm is for the stock to go up. You think those netflix investors who were holding at $57 1 year ago and are now up 400% thinks Icahn only helped himself?
  • Reply 30 of 46
    sog35 wrote: »
    With Ichan's help Netflix went up 400%
    The dude is smart and know how to manipulate Wall Street. 

    cityguide wrote: »

    Icahn was lucky with Netflix.  Its fundamental business was already on the upswing when he bought into it. He cashed out after amassing a huge profit, and Netflix stock is tumbling now. He was not so lucky with Blockbuster.

    So he knows how to manipulate Wall Street. That helps no one but himself and his firm, which exists solely to make money. His avowed position is to extract money from what he considers poorly-run companies. You'd have to stretch language to the tearing point to fit that definition over Apple.

    The Icahn Lift is a term created for what he does to companies. It's not complimentary, as it described how the stock price fluctuates, usually wildly. Lesser analysts have been doing to this Apple for years, opining on rumors, suppositions and prognostications. Apple's fundamentals are pretty sound, but men like Icahn see only bushels of cash - not what it took to grow them.

    If you want smart, listen to Warren Buffet: "I think the Apple management and directors have done a pretty darn food job of running the company...I do not think companies should be run primarily to please Wall Street and largely investors who are going to sell."

    Lucky with Netflix? When you have Icahn track record there is no such thing as luck.

    Like it or not , Apple is hated by Wall Street and was pushed to $385 for absolutely no good reason.

    Icahn can help that negative sentiment around and already has with recent recovery. He did same with netflix.

    I respect buffet but he does not own one share of Apple
    Stock so listening to him on Apple is stupid.
  • Reply 31 of 46
    malaxmalax Posts: 1,598member

    Just so you know, I also wrote a letter.  I'll be debuting a new Web site featuring this letter any day now.  Stay tuned.  Feel free to let the WSJ know.

  • Reply 32 of 46
    Assuming people on this thread are shareholders then we should be thankful for Icahn being an activist in this stock. Do we not want the stock to increase? It is deemed a growth stock thus it should grow -- which it has not during the strongest bull market. If management had better managed operations for earnings growth and balance sheet for shareholder value then activists like would have not accumulated shares to pressure management. Board needs to keep management focused on delivering shareholder value. No need to insult financiers for identifying areas where management can better manage cash. Fact that market continues to undervalue business is troubling especially when the market is hitting all time highs and other companies valuations are trading at record upper ranges. Counter argument that management should focus on building great products and services is flawed because their annual product refresh cycles on limited product lines have not increased earnings growth. Counter argument that management knows better to do with cash is flawed because they do not when buybacks are funded by future operating cash flows.
  • Reply 33 of 46
    Boycott his site, get blogs to do the same. No more mentions of him, it, links to it.

    Dude needs to chill. If he doesn't like how Apple is going, sell the stock.
  • Reply 34 of 46
    Completely agree! People screaming about Ichan must have forgotten how Apple dropped to $385 in the midst if the stronger bull market FOR NO GOOD REASON and management sat by helplessly?

    With Icahn involved, people will be less likely to mess around with Apple because they know Icahn will destroy them. ( see Bill Ackman)
  • Reply 35 of 46
    Completely agree! People screaming about Ichan must have forgotten how Apple dropped to $385 in the midst if the stronger bull market FOR NO GOOD REASON and management sat by helplessly?

    With Icahn involved, people will be less likely to mess around with Apple because they know Icahn will destroy them. ( see Bill Ackman)
  • Reply 36 of 46
    Assuming people on this thread are shareholders then we should be thankful for Icahn being an activist in this stock. Do we not want the stock to increase? It is deemed a growth stock thus it should grow -- which it has not during the strongest bull market. If management had better managed operations for earnings growth and balance sheet for shareholder value then activists like would have not accumulated shares to pressure management. Board needs to keep management focused on delivering shareholder value. No need to insult financiers for identifying areas where management can better manage cash. Fact that market continues to undervalue business is troubling especially when the market is hitting all time highs and other companies valuations are trading at record upper ranges. Counter argument that management should focus on building great products and services is flawed because their annual product refresh cycles on limited product lines have not increased earnings growth. Counter argument that management knows better to do with cash is flawed because they do not when buybacks are funded by future operating cash flows.


    Completely agree! People screaming about Ichan must have forgotten how Apple dropped to $385 in the midst if the stronger bull market FOR NO GOOD REASON and management sat by helplessly?

    With Icahn involved, people will be less likely to mess around with Apple because they know Icahn will destroy them. ( see Bill Ackman)
  • Reply 37 of 46
    charlituna wrote: »
    Boycott his site, get blogs to do the same. No more mentions of him, it, links to it.

    Dude needs to chill. If he doesn't like how Apple is going, sell the stock.


    Would you like to go back to free falling to under $400 for no reason? There is a reason for recent recovery and less people messing with the stock! Why do you think that is? They suddenly love Apple? Or They know Icahn wii call them out?

    Is he without baggage? No but with him involved, Apple now has a chance to trade closer to its valuation like we all want
  • Reply 38 of 46
    Is this guy a jew?
  • Reply 39 of 46
    Quote:
    Originally Posted by castcore View Post





    Would you like to go back to free falling to under $400 for no reason? There is a reason for recent recovery and less people messing with the stock! Why do you think that is? They suddenly love Apple? Or They know Icahn wii call them out?



    Is he without baggage? No but with him involved, Apple now has a chance to trade closer to its valuation like we all want

     

    My hunch is the reason AAPL went to under $400 was precisely so people like Icahn could obtain this sort of leverage over Apple.  They orchestrate campaigns of negative press and rumors (see ), likely profit by shorting the stock, and probably buy it cheap to profit when it bounces back.  I don't see how these shenanigans are helpful to investors who aren't in on it, not to mention the companies that are manipulated.

  • Reply 40 of 46
    Quote:
    Originally Posted by AndreiD View Post



    Is this guy a jew?

    Conflating financial parasitism with Judaism (historically due to the economic position Jews in Europe were forced into because of Christian prohibitions on lending with interest) feeds noxious ideologies, and obscures the actual parasitism very often played by finance capital, no matter the ethnicity of the players.  It is not biological, and memes to that effect work for the parasites, who will sociopathically sacrifice a group of people by manipulating public opinion to protect their own financial interests.

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