Carl Icahn Thinks Apple Stock Is Worth $203. Here’s Why He’s Wrong.
October 20, 2014 at 12:03 PM EDT
Legendary hedge fund manager Carl Icahn thinks Apple stock should be trading at $203 per share based on his earnings expectations for next year. That’s more than double the stock’s current price. Let’s do a quick check on Icahn’s math to see if what he says makes sense.
