greenlight capitol

What iPrefs are and why they could make sense for Apple

If you’ve been following the drama surrounding David Einhorn and his firm, Greenlight Capital, then this is all familiar stuff. If not, we’ve got the quick recap for you. A big hedge fund that owns Appel stock wants Apple to stop being so stingy with its cash and give some back to shareholders.

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What’s with Apple’s cash and Greenlight Capital’s complaining?

Yesterday the Wall Street Journal ran a story about hedge fund titan David Einhorn, and his firm Greenlight Capital’s view that Apple isn’t distributing enough cash to shareholders. Einhorn says Apple is behaving with a “depression-era mentality” according to the story.

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