Carl Icahn’s 32-month long position into AAPL stock netted him about $2 billion. But even after unloading his entire stake in Apple, Inc (AAPL), Icahn still thinks very highly of the iPhone maker.
“We made several billion dollars on [Apple],” Icahn told CNBC on Thursday, adding he thinks CEO Tim Cook is “doing a good job.”
He stressed however, he remains concerned about Cupertino’s prospects in China.
“I would get back in [to Apple] if I felt more secure about China,” Icahn said, reiterating that no one can tell that “China is not going to have a problem, even though it might be a very small one.”
China took a lion’s share of Apple’s loss in the previous quarter with 26% decline in sales. Icahn said he’s worried about Mainland’s high debt levels and how those might adversely impact its economy.