“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.'”
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