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Anyone following the Einhorn v. Apple suit?
#2

Anyone following the Einhorn v. Apple suit?

Only reason he wants cash out of them is it will spike the stock temporarily so he can get out of it. He has a massive position in the company and I am pretty sure he is sitting on some huge losses.

My opinion is they need to keep the cash and use it for R&D. Apple is no longer the king of smartphones, which is where they make most of their money. They need to keep innovating or they will become the next MFST or CSCO or even worse Blackberry.

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