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Billionaire and activist investor Carl Icahn has revealed that he now has a “large stake” in Apple (AAPL).  In addition, he wrote on Twitter that he had a discussion with Tim Cook earlier today about the possibility of a larger buyback.

Shares of Apple are rising by more than five percent since word that Carl Icahn had made a large investment in the company hit Twitter. While he didn’t disclose how large his position in Apple is, nor what he thinks the company is actually worth, I would expect that information will likely come to light in regulatory filings [See update below].

Shares of AAPL are currently above $490 and still rising.

Clearly, Icahn is happier with Tim Cook than Michael Dell.

Update: According to a tweet by CNBC, Icahn’s investment in Apple is over $1 billion.

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