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In the article, Ichan noted, "if China was basically steady I would probably go back into [Apple]...I hope one day to get back into [Apple]." That's not a huge
by mdasen 10y ago
In the article, Ichan noted, "if China was basically steady I would probably go back into [Apple]...I hope one day to get back into [Apple]."
That's not a huge indictment of apple, but rather a concern.
He did note that Apple still looked cheap: http://www.cnbc.com/2016/04/28/icahn-we-no-longer-have-a-position-in-apple.html http://www.cnbc.com/2016/04/28/icahn-we-no-longer-have-a-pos....
It's hard to read too much into it. For all we know, Ichan wants to play things a little conservative for the rest of 2016 due to big losses in his oil investments.