Cooperman told CNBC's Scott Wapner he took a "modest" position in Apple in the "low 400s," and agrees with Carl Icahn's view of the company's valuation. Omega's 13F reveals a 31K-share position at the end of Q2.
However, Cooperman still considers Qualcomm (QCOM -0.6%) the best play in the mobile space. Omega's Qualcomm position rose by 475K shares Q/Q to 3.75M.
Earlier: Tepper cuts Apple position