apple_headq

In the last two weeks Apple repurchase its shares worth $14 billion, said Chief Executive Officer Tim Cook said on “The Wall Street Journal.”

The news was announced amid pressure it is under Apple investor Carl Icahn, who insists she stepped up its program to buy back shares as an indirect way to reward shareholders and raise quotations Apple.
Known for his hostile incursions billionaire Icahn in recent days increased their investments in Apple and now owns nearly 0.9% of the capital J.

Cook stated that these operations are part of the program to repurchase shares for $60 billion of the group for two years. On January 28, Apple shares fell 8.2 percent to 505.5 per dollar and the capitalization of the company fell by $40.5 billion – 495 billion dollars to 454.5 billion dollars.

The collapse of quotations was partly caused by the company’s reported results for the fourth quarter of 2013, investors expect higher sales of smartphones.

Nicolas T.TECH NEWSAppleIn the last two weeks Apple repurchase its shares worth $14 billion, said Chief Executive Officer Tim Cook said on 'The Wall Street Journal.' The news was announced amid pressure it is under Apple investor Carl Icahn, who insists she stepped up its program to buy back shares as an...