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Investor Icahn says buys another $500 million in Apple stock

28

Jan

2014

(Reuters) – Carl Icahn said on Tuesday he bought another half-billion dollars worth of Apple Inc stock, raising the activist investors stake to roughly over $4 billion. Icahn said the stock is a no-brainer, and argued the shares were undervalued. He is trying to get the company to tack on an additional $50 billion in […]

Category CA Technologies Tech Written by Yahoo 0 Comments

Apple shares open lower after muted iPhone sales

28

Jan

2014

Apple Inc needs a cheaper iPhone to keep pace with low-cost rivals, analysts said, after the companys smartphone sales fell short of lofty expectations in the holiday shopping season. Shares of the worlds most valuable technology company opened down 8 percent on Tuesday, a day after Apples weak revenue forecast for the current quarter renewed […]

Category CA Technologies Tech Written by Yahoo 0 Comments

Apple’s iPhone sales, revenue forecast fall short; shares slide

28

Jan

2014

Lower-than-expected holiday iPhone sales and a weak revenue forecast by Apple Inc renewed fears about Chinese demand and a tepid global market, wiping 8 percent off company stock. This year was to have been Apple Incs watershed moment in China, when a long-awaited deal with the nations largest carrier was to have propelled it back […]

Category CA Technologies Tech Written by Yahoo 0 Comments

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Investor Icahn says buys another $500 million in Apple stock

Apple shares open lower after muted iPhone sales

Apple’s iPhone sales, revenue forecast fall short; shares slide

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