Apple is trading in the $130 range. But activist investor Carl Icahn recently declared the shares were worth $240. He's basing that on two very big assumptions - big even for Icahn.
- Michael: Icahn's $240 Apple Claim "Speculative"
- Why an Apple Virtual Reality Device Is Good for Investors (AAPL)
Evidence is piling up that an Apple virtual reality device is in the works.
Apple Inc. (Nasdaq: AAPL) has posted several job listings in recent months seeking engineers with knowledge of virtual reality. A patent that surfaced last month described a piece of virtual reality headgear.
But is it a good idea for Apple to pursue virtual reality?