Icahn discloses larger Apple stake, calls for immediate $150B tender

|About: Apple Inc. (AAPL)|By:, SA News Editor

As promised, Carl Icahn has published his letter to Tim Cook on his site, but connectivity issues make it largely inaccessible for now.

CNBC reports Icahn has disclosed he now owns 4.7M Apple (AAPL) shares (current value of $2.47B), up from a prior 4M, and is calling on the company to immediately launch a tender offer to buy back $150B worth of shares at their current price of $525.

Investors are viewing Icahn's latest comments as business as usual, Apple +0.2% premarket.