Its shares may have dipped after disappointing earnings but that didin’t stop billionaire investor Carl Icahn from taking a $500m bite out of Apple yesterday.
Icahn’s latest purchase comes just a week after he bought another $1bn of Apple stock.
Icahn now holds about $4bn of Apple holdings and is on a mission to push the company’s share buyback program.
Just bought $500 mln more $AAPLshares. My buying seems to be going neck-and-neck with Apple’s buyback program, but hope they win that race.
— Carl Icahn (@Carl_C_Icahn) January 28, 2014
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