Billionaire Carl Icahn Tweets He Will Send 'Interesting' Letter to Apple

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Billionaire activist investor Carl Icahn tweeted on Wednesday that he would send an "interesting" open letter to Apple CEO Tim Cook on Thursday. Icahn has in the past urged Apple to return more of its cash to shareholders and pressured the company to raise its stock buyback and dividend.

Icahn also tweeted that his fund had announced a large position in Apple just over a year earlier and noted that the company's stock had risen 50.6 percent since then. Icahn was not immediately available for comment. Apple declined to comment on Icahn's tweet.

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— Reuters and CNBC