Financier George Soros boosts stake in Apple

August 15, 2013

Carl Icahn isn't the only billionaire investor with an appetite for Apple's stock.

Regulatory documents filed Wednesday show wealthy financier George Soros more than doubled his stake in the iPhone and iPad maker in recent months.

Soros' fund held 66,800 shares of Apple Inc. stock at the end of June, up from 26,800 shares in March.

The disclosure came a day after Icahn took to his Twitter account to announce he has built a large stake in Apple, too.

Icahn hasn't yet specified how much Apple stock that he owns, but has already urged Apple CEO Tim Cook to increase the amount of money that the company is spending to buy back its stock.

Soros hasn't indicated that he intends to pressure Apple to do things differently.

Explore further: RIM shares soar on Icahn stake reports

Related Stories

RIM shares soar on Icahn stake reports

September 27, 2011

Shares of Research In Motion rose sharply on Wall Street on Tuesday amid speculation that billionaire US investor Carl Icahn has taken a stake in the troubled BlackBerry maker.

Recommended for you

Tesla driver killed in crash while using car's 'Autopilot'

June 30, 2016

The first U.S. fatality using self-driving technology took place in May when the driver of a Tesla S sports car operating the vehicle's "Autopilot" automated driving system died after a collision with a truck in Florida, ...

US Navy keeps electromagnetic cannon in its sights

June 25, 2016

The US Navy is quietly pushing ahead with a radical new cannon that one day could transform how wars are fought, even though some Pentagon officials have voiced concerns over its cost and viability.

0 comments

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.