John Paczkowski

Recent Posts by John Paczkowski

Apple Shares Reclaim $500

We currently have a large position in APPLE. We believe the company to be extremely undervalued…. Had a nice conversation with Tim Cook today. Discussed my opinion that a larger buyback should be done now. We plan to speak again shortly.

— Carl Icahn, August 13, 2013

Apple_rocket_liftoffWhile still far from the $700 price to which Carl Icahn would like to see them return, Apple shares are trading significantly higher today following the billionaire investor’s Tuesday disclosure of a stake in the company believed to be worth more than $1.5 billion.

Early on Wednesday, Apple shares crossed the $500 mark once again — the first time they’ve done so since January. They are trading at $501.05 as I write this.

A nice pop for the iPhone maker’s stock, which has fallen more than 30 percent from a high of $705.05 set last September. Evidently, now that Icahn believes Apple’s stock to be “undervalued,” the market does as well, though there’s likely a second engine driving today’s run-up: the as-of-yet unannounced Sept. 10 special event at which the company is expected to unveil its next iPhone.

Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

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I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik