Carl Icahn, one of Apple's largest shareholders, has just announced that has sold all the shares he had in the company based in Cupertino as announced to the American network CNBC, after seeing the poor economic results that the company published last Tuesday, April 26. As stated in the interview where he announced the sale of all its shareholding in Apple "Apple is a great company and the current CEO Tim Cook is doing a great job." Since the announcement of the accounts corresponding to the last quarter, the company fell 6% in the value of its shares and another 3% yesterday.
Icahn began his career as a Wall Street stockbroker in 1961. Years later founded a venture capital company With which it has been taking control of several companies such as Texaco, Western Union, Viacom, Revlon, Blockbuster, Time Warner ... to later sell them at a higher price.
Apparently Icahn is concerned about the situation in China. According to him, "the situation in China is worrying, especially due to the latest movements by the Chinese government that are beginning to hinder the expansion of the company's different services in the country." A few days ago we informed you of the almost definitive closure of iTunes Movies and the iBooks book store in the country.
China has been one of Apple's main growth engines in recent years, but this last quarter revenues from China, Taiwan and Hong Kong are down 26% and at the moment there is no other market in the world in which Apple can begin to focus its interests, although it is doing everything possible to make India the next engine of the company.
Apple has already received the go-ahead from the Government of India to be able to start opening own stores, after the modification of the laws of the country that did not allow the opening of businesses where at least 30% of the products were manufactured in the country.
apple is no longer what it was and will never be what it was. I was an apple fan but over time I lost my confidence and love for the apple.
Puffff, this looks very, very bad. That the maximum shareholder of the company sells its entire package of shares is very suspicious and an obvious sign that something is starting to go very, very wrong.
I do not think that the world of the stock market has anything to do with the future of Apple, Apple can go off the stock market and finance itself because it has tickets to spare, simply that these old shareholders do not even understand the technologies, and this has wanted Leave it here, but because you have no idea, no matter how much you understand how the markets are going, which country is losing strength and which countries are gaining, it is clear that Apple has a difficult situation, but let's take into account Apple's capacity for innovation, maybe has passed the time to hit the table with this year's iPhone or the next, Apple would win many potential buyers around the world
I have given you the touch to publish this news when I made a comment in the other news about the dead Apple employee, so you're welcome.
I will not tire of saying it, Apple before long had no competition, now it has a lot and with large terminals such as Samsung, Chinese brands, etc., Apple does not realize that behind its products there are people, people who realize that Apple already the only thing he wants is to make money, and in the end I understand it is a business, but I see absurdity to manufacture a last generation phone with a GB of memory which is the case of iPhone 6 and company, on this website as in many that a GB of memory is enough because Apple has its system very optimized, no one believes it, a phone like the iPhone puts more and more things in its system, as a result, phones are increasingly OBSOLETE AND SLOW, YOU ARE STRETCHING MORE AND GIVE TO THE END USER A TERMINAL THAT DOES NOT REPENT TO SPENDING AS MUCH MONEY AND AN EXPECT OF USE LIKE THE BEFORE
that you are shitting it everywhere, phones with one GB, operating system with seven betas and in the end they have bugs, and be careful not to put more latest generation things because otherwise we will not win the pasture that we won.
'Apple has already received the go-ahead from the CHINESE government to start opening its own stores in INDIA'
¿?
And at the beginning of the second paragraph you have a 'is' left over.
Regarding the content of the article itself, simply say that you can put the batteries with the iPhone 7.
Look, I've been following this forum for a long time, and this writer is the worst of all ... There are parts with two spaces, words with bold in some letters and others not, phrases like "Icahn is starting his career as a runner" or the one that you you said they don't make sense ...
Anyway, 0 win when writing, and it is a shame, especially when other writers like Pablo Aparicio work on each article, or at least the majority that I read.
Anyway, on the subject of this "article", it may be due to many things, even some not so crazy such as making the shares go down to buy again ... All the steps that Apple takes are firm ... many bigger shits has had the competition and nobody is surprised with the consequences that they bring ... but Apple is leaving and ... "Apple is not what it used to be" ... well, we'll see 😉
Certain. Apparently the changes were not saved. Thanks for the note.
Life is as a rollercoaster. Everything that goes up must come down. And I think Apple can't go any higher. Raising the price of iPhones (for example) more money from my point of view is already absurd. I stopped buying their terminals 2 generations ago because it seemed to me that their quality / price ratio was already out of date. Every time we are less in my company that we had all iPhones and now there are only 4 cats that have them. It's normal, for less than half the price of an iPhone you have a terminal that does the same thing to you and more, with superior technology sometimes. What else fails your software? Yes. because the iphone software is a rock, but already that "perfection" does not compensate for its exorbitant price. Iphone will end up being for the wealthiest because it is increasingly difficult for the middle class to find one of its terminals, either for economy or common sense. The competition is increasingly fierce between smartphones, with a lot of variety to choose from and increasingly more sophisticated products (even from China), so if I were that gentleman shareholder I would have done exactly the same thing at this very moment: sell my shares because gentlemen ... this is already in the doldrums. Greetings.