Apple Inc. (AAPL): Carl Icahn Raises His Stake To $3 Billion

Carl Ichan1Legendary Activist investor Carl Icahn said Wednesday he has raised his stake in Apple Inc. (NASDAQ:AAPL) to $3 billion.

He took to Twitter as he has in the past to criticize the company’s board.

Here are the details of the tweets from today:

“In a CNBC interview Icahn called Apple a “no brainer.” “The point is that you don’t have to be genius in technology to understand that Apple is selling at a 2014 consensus of 9 times earnings, and amazingly the S&P is selling at 17 times earnings and Apple is really growing,” Icahn said in a “Fast Money Halftime Report” interview. While Icahn said he was not criticizing management for the way it runs the company, he took issue with the board for what he called a lack of finance experience, CNBC Reports.

Watch the video below for more details:

Related: Complete List Of ETFs That Hold Apple Inc. (AAPL)

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