David Einhorn bullish on Apple


Hedge fund manager David Einhorn has been boosting his stake in Apple, pleased that the iconic tech company has decided to embrace the debt era by issuing bonds to pay for dividends and buybacks. He was quoted by Bloomberg saying, "Our thesis remains that Apple has a terrific operating platform. Its loyal, sticky and growing customer base will make repeated purchases of a growing portfolio of Apple products." In the end, his high profile campaign against the company, including a much publicized suit, seems to have paid off for him. Article