There’s no shortage of emotions when it comes to Carl Icahn’s latest target. None other than Henry Blodget has an opinion that falls on Apple’s side of the fence. Bruno J. Navarro quotes Blodget on CNBC:
Icahn is a small investor, relative to about 15 massive institutions that hold a lot more stock than he does.
Ouch. Icahn has less than half of one percent of Apple’s stock.
All I can say is as a fellow Apple shareholder, I hope Apple tells Carl Icahn to stuff it. And I say that as a big fan of Carl Icahn, but enough about this financial engineering. Apple should stay focused on making great products. The stock will take care of itself.
Blodget is channeling Steve Jobs.