Some industry analysts have seconded that motion. "This is a clear indication that Icahn is increasing his aggressiveness on his attack on Apple," said Patrick Moorhead, principal analyst at Moor Insights & Strategy, and a past critic of Icahn's attempt to block Michael Dell's move to take his company private this year. "He also tied two metrics together, a $1,250 share price and a $150 billion share buyback, so we now know Icahn's expectations."
Apple will host its third-quarter earnings call Monday, Oct. 28, and will likely face questions then from Wall Street analysts about the buyback.
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