It appears you have not yet registered with our community. To register please click here...

Go Back [M] > Madshrimps > WebNews
Apple fanboy sells his shares in China Crisis Apple fanboy sells his shares in China Crisis
FAQ Members List Calendar Search Today's Posts Mark Forums Read

Apple fanboy sells his shares in China Crisis
Thread Tools
Old 30th April 2016, 10:52   #1
[M] Reviewer
Stefan Mileschin's Avatar
Join Date: May 2010
Location: Romania
Posts: 120,574
Stefan Mileschin Freshly Registered
Default Apple fanboy sells his shares in China Crisis

Billionaire activist investor Carl Icahn has sold his entire stake in Apple because he thinks the outfit will get bogged down in China.

Icahn was a huge cheerleader of Apple, acquiring a stake in the company almost three years ago, repeatedly calling the investment a “no brainer.”

He owned 45.8 million Apple shares at the end of last year, but thinks that China’s economic slowdown and worries about how China could become more prohibitive in doing business triggered his decision to exit his position entirely.

“We no longer have a position in Apple. Tim Cook did a great job. I called him this morning to tell him that and he was a little sorry, obviously. But I told him it’s a great company,” Icahn said.
Stefan Mileschin is offline   Reply With Quote

Similar Threads
Thread Thread Starter Forum Replies Last Post
Intel CEO sells shares Stefan Mileschin WebNews 0 9th November 2015 11:40
Apple fanboy recants to inquistion after criticism Stefan Mileschin WebNews 0 8th January 2015 15:50
Samsung turns to metal in China crisis Stefan Mileschin WebNews 0 4th November 2014 09:58
Apple shakes up shares Stefan Mileschin WebNews 0 25th April 2014 07:39
Qualcomm about to have a China crisis Stefan Mileschin WebNews 0 30th January 2014 08:45
China crisis hits Sharp end Stefan Mileschin WebNews 0 13th November 2012 08:16
Apple experiences a slump in China: iPhone out of China's Top 5 Stefan Mileschin WebNews 0 12th November 2012 08:55
Facebook Co-Founder Sells 450,000 Shares Stefan Mileschin WebNews 0 24th August 2012 17:37
China greenlights Apple's third-gen iPad for 3G use, China Unicom smiles knowingly Stefan Mileschin WebNews 0 31st May 2012 09:48
Apple's 4G advertising turning into a crisis Stefan Mileschin WebNews 0 2nd April 2012 07:57

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off

All times are GMT +1. The time now is 05:43.

Powered by vBulletin® - Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO