{"id":46977,"date":"2013-10-02T08:50:47","date_gmt":"2013-10-02T06:50:47","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=46977"},"modified":"2013-10-02T09:04:54","modified_gmt":"2013-10-02T07:04:54","slug":"icahn-holds-us2-billion-in-apple","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/hardware\/46977\/icahn-holds-us2-billion-in-apple\/","title":{"rendered":"Icahn holds US$2 billion in Apple"},"content":{"rendered":"<p>Activist billionaire investor Carl Icahn said Tuesday on CNBC that his firm has $2 billion invested in shares of technology giant Apple Inc.<\/p>\n<p>Shares of Apple rose over 2 percent on Tuesday on news that Icahn had dinner with Apple chief executive Tim Cook on Monday and &#8220;pushed hard&#8221; for a buyback.<\/p>\n<p>&#8220;Had a cordial dinner with Tim last night. We pushed hard for a 150 billion buyback. We decided to continue dialogue in about three weeks,&#8221; Icahn tweeted on Tuesday.<\/p>\n<p>In August, Icahn told Reuters that &#8220;Apple has the ability to do a $150 billion buyback now by borrowing funds at 3 percent.<\/p>\n<p>Icahn said on CNBC that Apple&#8217;s chief financial officer was also in attendance at the dinner with Cook on Monday.<\/p>\n<h3 class=\"my-4\">More on Carl Icahn<\/h3>\n<p><strong><a title=\"Permalink to Icahn bows out of Dell battle\" href=\"http:\/\/businesstech.co.za\/news\/electronics\/45575\/icahn-bows-out-of-dell-battle\/\" rel=\"bookmark\">Icahn bows out of Dell battle<\/a><\/strong><\/p>\n<p><strong><a title=\"Permalink to Carl Icahn to wine and dine Tim Cook\" href=\"http:\/\/businesstech.co.za\/news\/electronics\/44662\/carl-icahn-to-wine-and-dine-tim-cook\/\" rel=\"bookmark\">Carl Icahn to wine and dine Tim Cook<\/a><\/strong><\/p>\n<p><strong><a title=\"Permalink to Apple can hit $700: Icahn\" href=\"http:\/\/businesstech.co.za\/news\/electronics\/44138\/apple-can-hit-700-icahn\/\" rel=\"bookmark\">Apple can hit $700: Icahn<\/a><\/strong><\/p>\n<p><strong><a title=\"Permalink to Icahn\/Dell legal battle delayed\" href=\"http:\/\/businesstech.co.za\/news\/hardware\/44051\/icahndell-legal-battle-delayed\/\" rel=\"bookmark\">Icahn\/Dell legal battle delayed<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Activist billionaire investor Carl Icahn said Tuesday on CNBC that his firm has $2 billion invested in shares of technology giant Apple Inc.<\/p>\n","protected":false},"author":7,"featured_media":41057,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[25,51,6314],"class_list":["post-46977","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hardware","tag-active","tag-apple","tag-icahn"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/46977","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=46977"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/46977\/revisions"}],"predecessor-version":[{"id":46984,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/46977\/revisions\/46984"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/41057"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=46977"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=46977"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=46977"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}