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Carl Icahn And Son Say Apple Will Still Introduce Tv, Car: Cnbc


Ron Burgundy
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An employee cleans inside the Apple flagship store on 5th Avenue in New York(Reuters) - Billionaire activist investor Carl Icahn and Brett Icahn, his son and portfolio manager, on Tuesday stuck to their views that Apple Inc would introduce a television set and a car. The elder Icahn, in an interview with cable business channel CNBC, also said his disagreement with the technology giant was over the company not doing bigger share buybacks. "I believe they will do a TV," Icahn said, added that "the one thing that I disagree with the company on is not buying a great deal more stock." Brett Icahn said: "We believe they're going to do a car." Carl Icahn owned about 53 million Apple shares at the end of the first quarter, according to a Securities and Exchange Commission filing.




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