I guess the bottom line is Icahn made 2 billion off the stock, as others have said now he go shopping big time.
BTW what is apples P/E once cash is taken out? Been said many times but it is just weird low compared with Amazon's 500+ P/E
I hope there is an end in sight, Yahoo shows a P/E of 9.9 for Apple. I wonder what the P/E is with the cash backed out as they say?
Intel has a P/E of 13 [industry average of 21] and Amazon P/E of 500+ and up 10% on a profit for 4 quarters in a row. Where should this level off if just at an industry average? These type metrics have been quoted ad nauseam but I am curious
Some timing for the announcement...wonder if he had a short position before he said he had sold all..is that legal?
Four points higher than the bottom today on this huge volume...and that is without any buyback participation. I bet we go up tomorrow and start trying to pop thru the 100 level.
Dang, why didn't someone tell me to double down - I would be thousands in the green again.
I want the apple iphone/ipad to operate like the Amazon echo and in addition be able to control apple tv, other home stuff etc. verbally. The Woz says the same. Apple has that big A.I. initiative, it should be easy to co ordinate . That would be a huge incremental increase as companies make apps to work with it.