Really angry at Apple. May have lost a bundle on Apple on a trade that went sour. Who knows what was behind his rage.
When TC said "in 2014 including big plans that we think our customers are going to love," he is referring to big as to the size of the product, literally, one that you cannot carry around and that is TV set that you leave in your living room.
Apple could have waited after the release and still have enough time for shareholders to weigh in their votes. Perhaps Apple wanted for the ER news to overwhelm the media.
The precatory proposal is non-binding if passed. Yet Apple still wanted to nip it at the bud because if not defeated, Icahn will be more influential and who knows what this will lead to ultimately. Apple does not like uncertainty. Management has worked so hard to put a long term plan for Apple and do not want anyone to disrupt it, let alone an activist investor.
Quite upbeat enumerating what Apple has accomplished and his outlook for 2014 including big plans that Apple thought customers are going to love. Just do it, will you?
An analyst downgrade based on concern of gross margins of a product that is still on the drawing board. How does he know what the finished product will look like, what it will cost to build and what the selling price will be ahead of time? Does it mean that he is concerned and Apple is not?