Carl Icahn No Longer Owns Apple (AAPL)

In an interview with CNBC, hedge fund manager Carl Icahn said he no longer owns Apple (NASDAQ: AAPL).

As recently as a few months ago he called it a "no brainer." He said he is worried about China's "attitude" toward the company.

Icahn said Apple is still a great company and cheap on a multiple basis but he is worried about China. He would consider re-entering the stock if China becomes clearer.

Icahn made a large profit from his initial investment in the stock, somewhere around $2 billion.

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