Carl Icahn

Investor Carl Icahn announces making a large investment in Apple, run for the hills!

Controversial billionaire activist investor Carl Icahn has announced on Twitter making a large investment in Apple. Touting a "large position" on the stock, he said he believed the stock to be "extremely undervalued" and revealed having a "a nice conversation" with Apple CEO Tim Cook earlier today, which Apple has officially confirmed now.

Needles to say, Apple doomsayers came out of the woodwork screaming "There goes Apple!" Another conversation would follow soon, Icahn tweeted out. He did however let slip he may press Apple to use its cash pile to repurchase more of its shares from the public, perhaps in an effort to reduce the company's exposure to fickle Wall Street investors and crazypants analyst...