Icahn Salivates Over Apple's Cash Trove
| Richard Adhikari 08/16/13 5:00 AM PT | |
 | Corporate raider Carl Icahn may be good for Apple's share prices, but it's not likely his manipulations will be good for the company. Icahn reportedly asked CEO Tim Cook to borrow and set aside $150 billion for share buybacks. "He wants to make a tidy profit," said tech analyst Rob Enderle. Basically, he's seeking to bleed Apple's cash reserve." [See Full Story] |
More Picks:
Reach Out and Touch Any Surface With Kinect-Based Ubi
Google Asks Search Users to Speak Up
 |  |  |  |  |
This Editor's Pick alert is a premium service provided to ECT News Network newsletter subscribers. If you wish to make changes to your subscription settings, please click to manage your account.
Copyright 2013 ECT News Network, Inc. All Rights Reserved.
ECT News Network Inc., 16133 Ventura Blvd., Suite 700, Encino, CA 91436
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.