Thursday morning investor Carl Icahn publicly released a letter that he had sent to Tim Cook, CEO of Apple. In more than 5,000 words, Icahn alternately praises Cook but also calls for him to increase the amount of Apple stock that the company is buying.
[seealso slug=http://sale-online.click/2014/09/16/apple-iphone-6-plus-review/%5D%3C/p%3E%3Cp%3EIcahn is a well-known investment activist/troll who often takes stakes in companies and then calls for leadership to take certain actions to benefit shareholders. In this case, he argues -- perhaps rightly -- that Apple should be using some of its massive stockpile of cash to buy stock, a move that usually ends up benefitting investors.
What follows is an abridged version of Icahn's letter that we've annotated with some help from Genius. It's a mix of analysis and commentary meant to provide a synopsis of the lengthy piece, a bit of background on what Icahn is arguing, along with a bit of humor for good measure. Click on the highlighted portions to see our comments.
Read “Carl Icahn's Letter to Apple” by Carl Icahn on News Genius