Apple (AAPL) can unlock $320/share in value assuming no PE expansion, says David Einhorn,...

|About: Apple Inc. (AAPL)|By:, SA News Editor

Apple (AAPL) can unlock $320/share in value assuming no PE expansion, says David Einhorn, speaking on CNBC after the release of his letter to shareholders. Apple has a "cash problem" and a "depression-era mentality ... We own more Apple today than we ever have before." Shares +1.7% premarket.