Apple Has Bigger Problems Than iPrefs
Thursday, hedge fund manager David Einhorn gave his detailed presentation on why Apple (AAPL) needs to issue preferred stock -- what he calls an iPref.
His argument boils down to his belief that doing so would attract a whole new type of value investor class to own the stock, which would cause a move up in the shares, compared to continuing along with stockpiling cash....538 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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