“Carl Icahn told CNBC he had a ‘good conversation’ with Apple CEO Tim Cook, and both believe that the company’s stock remains undervalued,” CNBC reports.

“Apple’s Cook told Icahn that he’s still studying Icahn’s proposal to buy back $150 billion worth of the company’s stock,” CNBC reports. “‘If they don’t do it, we’ll test the waters and see if the shareholders want us to do it and if we could win,’ Icahn told CNBC. ‘We’ve said we’re not going away. I’ve said that to Tim and I’ll say it again.’”

Read more in the full article here.

Related articles:
Carl Icahn is 23rd in AAPL shareholders’ line with only 0.5% stake – October 24, 2013
Carl Icahn’s letter to Tim Cook asks Apple to commence immediate $150 billion buyback – October 24, 2013
Carl Icahn sends letter to Tim Cook, pressures Apple for a buyback – October 23, 2013
Activist investors like Carl Icahn destroying companies, costing jobs, says corporate attorney – October 9, 2013
Carl Icahn’s Apple buyback seen failing in bonds – October 7, 2013
Henry Blodget: Apple should tell Carl Icahn to ‘stuff it’; America should be incredibly proud of Apple – October 2, 2013
Apple should not bow to Carl Icahn – October 1, 2013
Carl Icahn says firm now has $2 billion in Apple shares; another meeting with Apple in 3 weeks – October 1, 2013
Carl Icahn demands $150 billion from Apple – October 1, 2013
Will Carl Icahn pick a fight with Apple? – October 1, 2013
Tim Cook to meet with Carl Icahn on Monday in New York City – September 26, 2013
Carl Icahn scoops up Apple stock on post-iPhone event plummet – September 13, 2013
Carl Icahn buys ‘quite a bit more’ Apple shares following unveiling of iPhone 5s and iPhone 5c – September 11, 2013
Carl Icahn’s ulterior motive: To get Apple to buy Nuance – September 3, 2013
Carl Icahn to dine, discuss buybacks with Apple CEO Cook in September – August 22, 2013
Icahn to meet with Apple CEO Tim Cook in September – August 22, 2013
How Carl Icahn will accelerate Apple’s ascent – August 14, 2013
Billionaire Carl Icahn says Apple shares could trade at $700 with increased buyback program – August 13, 2013
Carl Icahn spells the end of an era at Apple; this is the end for the Apple that you knew and loved – August 13, 2013
Carl Icahn reveals large Apple position, reportedly over $1 billion; wants to see Apple increase stock buybacks – August 13, 2013
Apple stock goes vertical: The Carl Icahn effect – August 13, 2013