While most of the Street is hyper-focused on the upcoming Apple Inc. AAPL event Tuesday afternoon (see: Everything You Need To Know Before Apple Inc.'s Big iPhone 6 Event), one investor -- arguably thee investor in Apple -- is shrugging: Carl Icahn.
Shares of Apple have ticked back over the $100 level in early-afternoon trade Tuesday (up about 0.7 percent over the last 20 minutes) as Bloomberg's Trish Regan just unleashed a tweet storm of comments coming from Icahn:
Market News and Data brought to you by Benzinga APIs.@Carl_C_Icahn to me on $AAPL: While everyone is worried about the new products today, I just look at the math. #s speak for themselves.
— Trish Regan (@trish_regan) September 9, 2014
.@Carl_C_Icahn to me on $AAPL: I've been adding to my $AAPL position. Where else can you get a growth company at 10x earnings?
— Trish Regan (@trish_regan) September 9, 2014
.@Carl_C_Icahn to me on $AAPL: "Sometimes you make money on pure simplicity. $AAPL ades at 10x earnings and it has an effective oligopoly
— Trish Regan (@trish_regan) September 9, 2014
As of Icahn's latest 13F, filed on August 14th for the quarter ended June 30th, the activist showed a nearly 52.8 million share stake in Apple, about 0.88 percent of the outstanding shares.
Icahn appears to be currently moving the price in Apple; however, this is likely to change over the next half hour as the Apple event will kick off at 1 p.m. EDT. Tune into Benzinga's Pro feed to see all of the updates from the event in real time!
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