Carl Icahn have announced that he had sold all his shares in Apple recently. In a statement to CNBC says the billionaire that he thinks that Tim Cook has done a good job, but that developments in China can cause problems for Apple.
Carl Icahn owned over one percent of the Apple shares, which is more than any other individual. According to information he should have earned $2 billion in the business.
Apple's latest quarterly report announced that the company will continue to buy up its own shares, which may partially offset the recent decline.