Billionaire Carl Icahn sold all the Apple shares he owned

Is the famous billionaire giving the signal for the "big drop"?

Μετά από δεκατρία ολόκληρα χρόνια συνεχούς ανόδου, η “πολυαναμενόμενη” πτώση τζίρου και κερδών έκανε την εμφάνισή της. Πολλοί αναρωτιούνται αν το φαινόμενο θα είναι παροδικό, ή απλά θα αποτελέσει μία “στάση” για την Apple πριν την επόμενη “εκτόξευση” (κάτι που υποστηρίζει ο Tim Cook). Προσωπική μου γνώμη είναι πως φυσικά και η πτώση θα συνεχιστεί, καθώς τα νούμερα που έχει φτάσει η εταιρεία είναι αστρονομικά και έχουν ήδη ξεπεράσει κάθε “λογική”. 10 δις $ κέρδη τριμήνου δεν το λες και απογοήτευση…

But people don't expect my opinion. There are experts out there who are "raising" and "lowering" companies with their choices. For example, the famous investor Carl Icahn. When everyone was worried about the stock price, Carl just made sure to announce that he bought Apple shares representing about 1% of the company's total shares. It's not small news to buy over 45 million shares from a strategic investor! All the more so when the announcement of the event was accompanied by flattering comments about Tim Cook and Apple's strategy in general.

That's all well and good, but we are now in the exact opposite situation. Carl Icahn has announced that he has sold all of his shares in Apple. Add to the "mix" the company's recent financial results and an explosive cocktail is ready.

Markets, even in economically advanced countries, are (also) based on psychology. "Smaller" investors are heavily influenced by moves like Carl Icahn's and sell blocks of shares. In addition, all analysts predict a continuation of the decline in the coming financial quarters. A good "opportunity" to lock in profits for small shareholders but also pressure on the share price by extension.

So what does it all mean? Do we really care? The answer is that in essence nothing changes. Apple will have a smaller market cap. So what? As long as there are good products on the market, it will have great sales and huge profits. Will these be smaller than in the past? So be it!

So some will gain from selling their shares, some will gain less and some will have (theoretical) losses. But that in itself does not constitute a "problem" for Apple. After all, those who have been following its performance for many years know that the 'advice' of the markets has never even been shown to 'touch' the actual data.

A company that has a plan, capital and excellent human resources, the only thing it has to fear is its bad self. Now if some people don't feel satisfied with $10 billion in profits in a quarter (think about what kind of numbers we're talking about), they can throw their money into a startup. Greater risk, greater potential profits.

After all, the whole thing about the accumulation of wealth and capital in the hands of the "few" should - in any case - worry us. We don't need 'state-owned enterprises' that can buy up almost 'the universe' with their cash, but financially sound companies that allocate a large share of their budget to R&D, i.e. research and development.

So let's let the gamblers (or just investors) do their job and let's focus on the real facts, the products that Apple is proposing or has in the pipeline.

by Kostthem