Investor Carl Icahn to Meet with Apple CEO Tim Cook on Monday, September 30Activist investor Carl Icahn, who recently purchased around $1-2 billion in Apple stock, has a date for his meeting with Apple CEO Tim Cook to discuss the company's stock buyback plans and other issues, according to CNBC. The two will reportedly meet in New York City next Monday, September 30.Activist investor Carl Icahn will meet with Apple CEO Tim Cook in New York City next week, where the billionaire may discuss the company's prospects, and the possibility of adding to his sizable stake in the technology giant.Apple announced a stock dividend and buyback program in March 2012 as part of an effort to boost shareholder return as the company's cash and investment holdings have rapidly grown in recent years. Apple increased and accelerated the stock buyback program earlier this year, issuing debt to take advantage of a drop in the company's stock price. Icahn believes that Apple should accelerate its buyback plans even further, arguing that it is a prudent move given the company's financial position and his belief that the company's stock remains undervalued. Recent Mac and iOS Blog Stories • iOS 7 Users Complaining About Motion Sickness Due to Parallax and Zooming Effects • Apple Launches Internal 'Employees on iTunes' Section to Highlight Workers' Talents • Apple Under Investigation by French Authorities Over Carrier Contracts • Instagram Updated for iOS 7 With Larger, Higher Resolution Images • Realmac Software Reverses Course, Reinstates Original 'Clear' App • 'Strava Run' Updated with Support for M7 'Motion Coprocessor' on iPhone 5s • Apple Retail News: New Munich Store Opening Saturday, Hong Kong IFC Mall Store Expansion Coming • Microsoft Retail Stores to Add iPhone to Trade-In Program, Offer at Least $200
http://www.macrumors.com/2013/09/26/investor-carl-icahn-to-meet-with-apple-ceo-tim-cook-on-monday-september-30/
