Carl Icahn ▪ May 18

High-profile investor and AAPL shareholder Carl Icahn has published yet another open letter to Apple CEO Tim Cook, this time giving his thoughts on new product categories that he expects Apple to enter alongside his usual advice for the company on share repurchases, valuation, and more.

As for his product predictions, Icahn highlights two new big categories, both of which have been reported in detail and rumored for the last year, including TV and electric vehicles. Icahn thinks Apple will release full-fledged UHD TV sets sometime next year…

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Carl Icahn ▪ February 12

Carl Icahn ▪ October 15, 2014

aapl

Morgan Stanley’s Katy Huberty has added AAPL to its Best Ideas list of investments, saying that increased margins from iPhone 6 sales see the stock “set for significant upside.”

While Credit Suisse had earlier suggested that margins on the iPhone 6 would be lower than that of the iPhone 5s and 5c, Huberty says that numerous sources are suggesting that more people this time are opting for the middle storage tier, thus pushing up both average selling price and margins …  expand full story

Carl Icahn ▪ October 9, 2014

Apple TV products

Included in activist shareholder and investor Carl Icahn’s open letter to Apple CEO Tim Cook requesting an increased stock buyback from the company is somewhat of a prediction about when Apple might release an actual Apple TV set, not just an updated set-top box. Icahn sees fiscal year 2016 as an opportunity for Apple to enter the home television market citing an upgrade cycle due to UltraHD displays.

As we highlighted in our previous letter, we believe UltraHD’s (ultra-high-definition television) superior picture quality in comparison to regular HD will drive a major TV replacement cycle as the price gap between them narrows. It should also be noted that Reed Hastings, CEO of Netflix, has referenced UltraHD as a major catalyst for Netflix going forward, and while this is true for Netflix, we believe it is also true for Apple. Against the backdrop of this replacement cycle, FY 2016 represents an opportune time to introduce an UltraHD TV set.

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Tim Cook

High-profile investor and Apple shareholder Carl Icahn has published an open letter to Apple CEO Tim Cook urging him to once again increase its share repurchase program for stock holders. Citing strong iPhone 6 sales and predicting the larger devices will help Apple gain marketshare from Android, Icahn is requesting Cook and Apple’s board make a tender offer to increase its current rate of share repurchases. Icahn said he thinks Apple remains “dramatically undervalued in today’s market,” but didn’t suggest a specific number for the increased buybacks: expand full story

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