Carl Icahn Said to Send Letter to Apple CEO Cook

Billionaire investor Carl Icahn is once again engaging with Apple and its CEO, Tim Cook. He announced via Twitter that he plans to send a letter to Cook, which he described as 'interesting.' Icahn has a history of challenging Apple over its cash reserves. He also highlighted that since he revealed his investment in Apple a year ago, the company's shares have risen by over 50%. Icahn's total stake in Apple is just under 1%.

What action did Carl Icahn announce he would take regarding Apple?

• He would hold a press conference.

• He would send a letter to Tim Cook.

• He would sell his shares.

• He would buy more shares.

What did Icahn describe his upcoming letter to Tim Cook as?

• Boring

• Interesting

• Confidential

• Aggressive

What was the main issue Icahn previously had with Apple?

• Apple's employee policies.

• Apple's marketing strategy.

• Apple's product design.

• Apple's cash reserves.

How much has Apple's share price increased since Icahn disclosed his stake?

• 75%

• 50%

• 25%

• 10%

What is the approximate size of Icahn's stake in Apple?

• 15%

• 10%

• 5%

• Just under 1%