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Author Topic: News: Icahn pulls out of Apple over China concerns  (Read 421 times)
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« on: April 29, 2016, 04:05:23 pm »

News: Icahn pulls out of Apple over China concerns

Billionaire investor Carl Icahn, who took a large position in Apple three years ago, how now sold his stake over concerns with the company’s situation in China, CNBC reports. Speaking to CNBC’s “Power Lunch,” Icahn stated that “We no longer have a position in Apple,” while adding that Apple is a “great company” and that he feels that CEO Tim Cook is still “doing a great job.” Icahn cited…

Source: News: Icahn pulls out of Apple over China concerns
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