Carl Icahn Says He Had a 'Google Conversation' With Tim Cook, Apple is Undervalued

CNBC is reporting that Carl Icahn had a 'good conversation' with Apple CEO Tim Cook and noted that both believe the company's stock is undervalued.

Apple's Cook told Icahn that he's still studying Icahn's proposal to buy back $150 billion worth of the company's stock. Icahn met with Cook in late September to discuss such a buyback. However, at the time Cook did not seem interested in a buyback of that size, Icahn told CNBC.
Icahn met Cook for a 'cordial' dinner at the end of September to push his buyback proposal; however, it appeared Apple would be sticking to its $60 billion plan. He then posted an open letter to Apple CEO Tim Cook again urging him to increase Apple's stock buyback to $150 billion.
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