Why Carl Icahn’s $216 Fair Value for Apple is Unrealistic

You may have read Carl Icahn’s letter published yesterday in which he outlines why he believes Apple stock is worth $216 per share today. With the stock currently fetching an all-time high of $127, making it the most valuable company ever, you might be wondering if a company already worth nearly $750 billion can really still be 70% undervalued. Quite simply, I do not believe … Read More → Related Posts: Here’s What Not To Say If Carl Icahn Is Breathing Down Qualcomm Now Hoarding More Cash Than Apple On Relative Basis Apple Sets Market Value Record As iPhone 5 Debut Nears Apple Shares Now Nearly As Cheap As Microsoft: Which Would… Apple Shipped 14,000 iPhones Every Hour Last Quarter