Apple's Big Event Preview; Macs Potentially More Important than iPhones

In letter to Apple's (AAPL) CEO Tim Cook, Carl Icahn, one of the company's largest investors, said the stock is undervalued and Apple should repurchase more shares. For Apple fans, who line up for its latest products, the big news was Apple's announcement of its next big event on October 16. Jennifer Van Grove is TheStreet's technology correspondent and she discusses the popularity of Apple's iPhone 6/6 Plus. The demand for the phones are so high, Apple is pushing back the production of its larger screen iPads. Van Grove says another item to watch is its computers, 'Mac is less glamorous but potentially more important as shipments are up and Apple is gaining PC market share globally, according to new IDC report.'

undefined