icahn

Fortune ran a couple of pieces showing what happened to Apple’s stock price after investor Carl Icahn’s tweets, with his initial announcement that he had taken a “large position” in AAPL, followed by news that he’d had a “nice conversation” with Apple CEO Tim Cook – and a subsequent tweet yesterday that he’d “pushed hard for a 150 billion buyback” over a “cordial dinner.”

The total effect? A jump in Apple’s valuation totalling around $23B – or approaching a cool $8B per tweet.

Would be nice to know when he’s about to tweet, eh?

FTC: We use income earning auto affiliate links. More.


Check out 9to5Mac on YouTube for more Apple news:

You’re reading 9to5Mac — experts who break news about Apple and its surrounding ecosystem, day after day. Be sure to check out our homepage for all the latest news, and follow 9to5Mac on Twitter, Facebook, and LinkedIn to stay in the loop. Don’t know where to start? Check out our exclusive stories, reviews, how-tos, and subscribe to our YouTube channel

About the Author

Ben Lovejoy's favorite gear