Tuesday, April 23, 2013

AAPL: David Einhorn likes Apple's (AAPL) feisty...

6:23 PM David Einhorn likes Apple's (AAPL) feisty share buyback : "We applaud Apple's decision to borrow money and return excess capital to shareholders, an idea that was off the table only months ago. This positive development represents a more shareholder friendly capital allocation policy and demonstrates the conviction of Apple's management and board in the Company's future." Read comments

AAPL price at time of publication: $406.69. Check AAPL price now »

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AAPL: Tim Cook (AAPL) on the five-inch smartphone:...

6:10 PM Tim Cook (AAPL) on the five-inch smartphone: "Our competitors have made some significant trade-offs in many of these areas in order to ship a larger display. We would not ship a larger display iPhone while these trade-offs exist." He adds that if IDC's right, the smartphone market declined 30% since December, so Apple's decline of 15% beat the market. Read comments

AAPL price at time of publication: $406.69. Check AAPL price now »

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