David Einhorn: "several hundred dollars per share would be unlocked if Apple were to follow through on this"
“several hundred dollars per share would be unlocked if Apple were to follow through on this suggestion…It doesn’t put the company at risk. It’s not financial leverage in the sense that debt’s considered to be.”
Einhorn also said:
“The call I had with them yesterday was very friendly, a very good tone of voice. I had a nice conversation with Tim [Cook] on this topic. He said he wants to review this proposal, wants me to meet with him and their advisers.. “
SOURCE: BLOOMBERG TELEVISION
“I think the company has done a phenomenal job. It is a phenomenal company. The way they have grown revenues, products, their brand is absolutely remarkable. It is probably nearly unparalleled. There is a lot of reason to have that kind of trust.”