Buffett Wishes He Had Bought Apple (AAPL) 'Years Ago'; Disagrees with Icahn's Plan
Tweet
Share
E-mail
Get Alerts AAPL Hot Sheet
Price: $166.90 +0.64%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 0.5%
Revenue Growth %: -4.3%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 0.5%
Revenue Growth %: -4.3%
Join SI Premium – FREE
On CNBC this morning, Berkshire Hathaway's (NYSE: BRK-A)(NYSE: BRK-B) Warren Buffett commented on Apple (Nasdaq: AAPL).
The Oracle of Omaha said that "He wishes he bought it years ago" and he doesn't agree with Carl C. Icahn about a cash return plan. Buffett thinks companies
Headlines come following a meeting between Icahn and Apple CEO Tim Cook late last month, in which Icahn said he pushed Cook for a $150 billion buyback plan.
Amid the comments, Apple is indicated higher in early trading Wednesday.
The Oracle of Omaha said that "He wishes he bought it years ago" and he doesn't agree with Carl C. Icahn about a cash return plan. Buffett thinks companies
shouldn't be run primarily to please Wall Street.
Headlines come following a meeting between Icahn and Apple CEO Tim Cook late last month, in which Icahn said he pushed Cook for a $150 billion buyback plan.
Amid the comments, Apple is indicated higher in early trading Wednesday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Apple (AAPL) announces 'Let Loose,' a special online event to be held in May
- Progress Software Corporation (PRGS) Issues Statement on a Possible Offer for MariaDB
- Apple’s iPhone sales plummeted 19% in March quarter, per Counterpoint data
Create E-mail Alert Related Categories
Hedge Funds, Hot Corp. News, Insiders' Blog, Management Comments, Stock BuybacksRelated Entities
Carl Icahn, Warren Buffett, TwitterSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
