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David Einhorn likes Apple's (NASDAQ:AAPL) feisty share buyback : "We applaud Apple's decision to...

Apr. 23, 2013 6:23 PM ETApple Inc. (AAPL) StockAAPLBy: Eli Hoffmann, SA News Editor102 Comments
David Einhorn likes Apple's (NASDAQ: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."

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