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Carl Icahn thinks the stock market's most valuable company is 'undervalued and misunderstood'

Apr 28, 2015, 21:15 IST

Apple reported another monster quarter on Monday, with earnings, revenue, and iPhone sales all topping expectations. 

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The company also announced that it will return $200 billion to shareholders over the next 2 years. 

But activist hedge fund manager Carl Icahn still doesn't think investors get it. 

In a tweet on Tuesday morning, the 79-year-old said:

Apple's market cap is around $760 billion, about double that of the US stock market's next-largest company, Microsoft. 

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According to his latest filings with the SEC, Icahn owns around 52 million shares of Apple, a stake that at today's market price of $132 is worth around $6.8 billion. 

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