Cook’s Moves to Return Apple Cash Fall Short of Satisfying Icahn

Cook’s Moves to Return Apple Cash Fall Short of Satisfying Icahn

Qilai Shen/Bloomberg

People walk outside the Apple Inc. store in Shanghai. Last month, the company said it bought back $16 billion of stock last quarter. Apple, which plans to return $100 billion to investors by 2015, had $146.6 billion in cash and investments at the end of June.