Bad News for AAPL Stock?
Apple Inc. (NASDAQ:AAPL) is having a very bad week. Billionaire Carl Icahn, once the most ardent fan of AAPL stock, has sold his entire stake in the company.
Icahn was trying to convince lawmakers that corporate America should get a tax holiday. Apple has $216 billion stashed overseas. If he succeeded, Apple could have brought that capital back to the U.S. at a lowered tax rate.
But Icahn abandoned that goal after Apple's recent earnings report. The company reported fewer "iPhone" sales, shrinking margins, and.
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Apple Inc. (NASDAQ:AAPL) is having a very bad week. Billionaire Carl Icahn, once the most ardent fan of AAPL stock, has sold his entire stake in the company.
Icahn was trying to convince lawmakers that corporate America should get a tax holiday. Apple has $216 billion stashed overseas. If he succeeded, Apple could have brought that capital back to the U.S. at a lowered tax rate.
But Icahn abandoned that goal after Apple's recent earnings report. The company reported fewer "iPhone" sales, shrinking margins, and.
Den vollständigen Artikel lesen ...