Apple stock drives higher on Carl Icahn comments, car rumor

By | February 12, 2015

Scalper1 News

Apple (AAPL) stock climbed to its third all-time high in as many days Thursday, soaring on bullish comments from activist investor Carl Icahn and optimism about sales of current and upcoming products. One fresh rumor has Apple developing a car. Apple CEO Tim Cook on Tuesday drummed up interest in the company’s Apple Watch, due for release in April, while speaking at a Goldman Sachs conference in San Francisco. He also said sales of iPhone 6 handsets and Mac computers remain strong, while iPad sales could get a boost later this year from Apple’s enterprise partnership with IBM (IBM). Apple shares peaked at 127.48 on Thursday, but ended the day up 1.2% to 126.43. On Wednesday, Icahn posted a public letter online repeating his plea for Apple to be more aggressive with its stock buyback plan. He also raised his price target for Apple stock to 216 from 203. Piper… Scalper1 News

Scalper1 News