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Podcasts Take Two
Investor Carl Icahn pushes for changes at Apple
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Oct 28, 2013
Listen • 5:34
Investor Carl Icahn pushes for changes at Apple
Since Apple sold more than 9 million new iPhones on the weekend of their release, you might think the Cupertino based company would be beloved by Wall Street.
What's he thinking? Billionaire investor Carl Icahn has something up his sleeve when it comes to Herbalife.
Billionaire investor Carl Icahn is pushing for changes at Apple.
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Michael Nagle/Getty Images
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Since Apple sold more than 9 million new iPhones on the weekend of their release, you might think the Cupertino based company would be beloved by Wall Street.

Since Apple sold more than 9 million new iPhones on the weekend of their release, you might think the Cupertino based company would be beloved by Wall Street.

But as it turns out, they have a somewhat tenuous relationship. The company's stock has been on a bit of roller coaster this year. It currently sits at about $527, far off its old price of $702 where it sat just over a year ago.

But investors are waiting to see what happens later today when the company releases its fourth quarter earnings. Senior editor Philip Elmer-DeWitt from Fortune joins the show with more.