Apple reported another monster quarter on Monday, with earnings, revenue, and iPhone sales all topping expectations.
The company also announced that it will return $US200 billion to shareholders over the next 2 years.
But activist hedge fund manager Carl Icahn still doesn’t think investors get it.
In a tweet on Tuesday morning, the 79-year-old said:
Apple’s market cap is around $US760 billion, about double that of the US stock market’s next-largest company, Microsoft.
According to his latest filings with the SEC, Icahn owns around 52 million shares of Apple, a stake that at today’s market price of $US132 is worth around $US6.8 billion.
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