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As Apple Shares Fall, Carl Icahn Picks Up More

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January 28, 2014 AT 5:02 PM
Most Wall Street investors were shaken by Apple's latest quarterly results, but not Carl C. Icahn. The activist investor took to his favorite broadcasting tool, Twitter , to disclose that he had purchased an additional $500 million in shares in the iPhone maker. Last week, he said he owned about $3.6 billion worth of Apple stock, meaning that his current stake as of Tuesday could be worth more than $4 billion.