Carl Icahn Says AAPL Is ‘Extremely Undervalued’ After Phone Call With Tim Cook

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Carl Icahn is coo-coo for AAPL.
Carl Icahn is coo-coo for AAPL.
Photo: Forbes

AAPL shares rose 5.6% in value today after word came out that billionaire investor Carl Icahn thinks the company is ‘extremely undervalued.’ The stock was trading above $493 a share after 3PM ET today — a nice $26 jump up from the stock’s closing price on Monday.

Icahn revealed on Twitter that he spoke briefly with Tim Cook today about the company’s future and that he’s decided to make a large position with Apple:

Apple Shares Fall More Than Six Percent Today, Biggest Single Day Loss In Four Years

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apple-stock-drop

Apple shares took a tumble today, with a over six percent loss, making this the largest stock drop in a single day, making it the biggest one in four years. Analysts and other investors are blaming the sell-off and resulting stock price drop on many factors, including a recent forecast by an influential firm that Google’s Android operating system continues to gain ground, as well as unconfirmed reports that at least one stock-clearing house has been raising margin requirements on trades in Apple stock.

How To Remove Apple’s Stock iOS Apps Without Jailbreaking [Video]

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Goodbye, Stocks!
Goodbye, Stocks!

While most of Apple’s stock iOS apps are pretty handy, there are a few that the large majority of us probably never open. I’m talking about apps like Stocks, Voice Memos, and Weather (which always seems to be inaccurate in the U.K.). Unfortunately, the Cupertino company doesn’t allow us to remove these, so the only way to do it was to jailbreak. Until now.

Thanks to a nifty new web app, you can temporarily remove stock iOS icons from your device without jailbreaking. Here’s how.

Forrest Gump’s Investment In Apple Would Be Worth $7 Billion Today

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Gump's investment in Apple would make him a billionaire today.
Gump's investment in Apple would make him a billionaire today.

In the 1994 Oscar-winning movie Forrest Gump, there’s a short scene in which Tom Hanks’s character opens a letter of thanks from Apple after his former military colleague and business partner Lieutenant Dan invested some of the profits from the Bubba Gump Shrimp Company in “some kind of fruit company.”

If Gump was real and if he was still clinging on to his investment today, he could have a staggering 12 million shares in the Cupertino company, worth around $7 billion.

Apple Has Hidden The iPhone’s Stocks App On The iPad In iOS 6

Stocks

Since its introduction, the iPad has been missing some of the iPhone’s built in applications, such as Weather, Stocks, and Calculator. Until now, there’s been no sign of these apps making it to the iPad. With the introduction of iOS 6, though, it appears that Apple may finally be thinking about bringing the remaining iPhone apps over to the iPad.