Hedge fund titan Leon Cooperman has been selling Apple (AAPL) but buying battered Freeport...

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

Hedge fund titan Leon Cooperman has been selling Apple (AAPL) but buying battered Freeport McMoRan (FCX), he tells CNBC. Cooperman holds FCX founder Jim Bob Moffett in high regard despite coming under fire from shareholders, but he's not keen on AAPL's reluctance to return cash to investors and warns the iPhone’s uniqueness may be diminishing.