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One of Apple's biggest cheerleaders is selling

This couple's bet on Apple is now worth $1 Million

Apple's terrible week just got worse. Carl Icahn, one of its biggest cheerleaders, has dumped the iPhone maker's stock.

Icahn told CNBC Thursday that he has sold his huge position in Apple (AAPL, Tech30) largely due to concerns about company's ability to navigate the treacherous Chinese market.

"A lot of people have tried and a lot of people have failed," Icahn said of previous attempts to succeed in China, which is Apple's second biggest market after the U.S.

Apple's stock fell 2% after Icahn revealed the sale. It's down 9% so far this week.

The billionaire investor worries a "tsunami" of trouble could hit Apple in China.

"You worry a little bit -- and maybe more than a little --...