Carl Icahn praises Apple but wants more buybacks

Apple is the sort of company that comes along only a couple of times a century, Carl Icahn said over the weekend, but the activist investor said he is still pushing the group to use its cash to buy back more shares.

Speaking on Wall Street Week, Mr Icahn said he has not sold any Apple stock even though the value of the initial stake he took in August 2013 has almost doubled. He said he wished he had bought even more shares.

Financial Times