Icahn says bigger buybacks can drive Apple shares to US$700

Activist investor Carl Icahn said he has amassed a “large position” in Apple and believes the stock could be worth as much as US$700 a share if chief executive Tim Cook pushed for a larger stock buyback.

via Business feed http://www.scmp.com/lifestyle/technology/article/1296598/icahn-says-bigger-buybacks-can-drive-apple-shares-us700