Carl Icahn may have reset his eyes on Apple (AAPL), based on a tweet he just sent out:
Tmrw we’ll be sending an open letter to @tim_cook. Believe it will be interesting.
— Carl Icahn (@Carl_C_Icahn) October 8, 2014
It has been around eight months since the activist investor gave up his fight to get Apple to launch a $150 billion share buyback, saying that he had “fought hard” but was unable to get shareholder advisory support that would have been virtually required to succeed. In the interim, he had several conversations and even a dinner meeting with Apple CEO Cook.
Icahn has been steadily increasing his stake in Apple, although he still held less than a 1% position as of the most recent reporting period. It’s currently valued at around $5.2 billion. Apple stock is up nearly 25% so far this year, and rose slightly higher following Icahn’s tweet.
No word yet on what Icahn is planning to say. Maybe he just wants to let Cook know that his iPhone 6 arrived…