Jefferies Sees 'Tough' Two-Years for Apple (AAPL); Need for Cash 'Greater' than Expected

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BMO Capital Less Sanguine on Apple (AAPL) Following Mobile World Congress; 'Absolutely' Needs Larger Screen iPhone

March 1, 2013 7:56 AM EST

BMO Capital analyst Keith Bachman said he came away from the Mobile World Congress modestly more negative on Apple (NASDAQ: AAPL) after speaking with carriers that serve Europe, Latin America, and the Middle East; and 2) a distributor that serves the Middle East.

"In aggregating the comments, people we spoke with mentioned that the iPhone 5 is a good device that gets... More

Doug Kass Says Apple (AAPL) Stock Split Rumors Seems 'Baseless'

February 26, 2013 3:10 PM EST

On Apple Inc. (NASDAQ: AAPL), Doug Kass is throwing cold water on stock split rumors. Kass said the rumor seems baseless based on the current share authorization.

@DougKass
"Apple continues to climb - now up by over $8. I continue... More

Another Day, Another Idea to Save Apple (AAPL); How about a 10-for-1 Split?

February 26, 2013 2:58 PM EST

Last Friday, David Einhorn won a court ruling against Apple (Nasdaq: AAPL) blocking the tech giant from introducing a corporate governance proposal that would have made it harder for the company to issue preferred shares. The ruling keeps the door open on a fringe plan by the hedge fund manager, who wants Apple to offer preferred shares (iPrefs) as a way to return capital to shareholders, which he says will boost Apple stock by $150 per share.... More

Apple (AAPL) Ramps Higher on Chatter of Possible Split

February 26, 2013 2:37 PM EST

Apple, Inc. (Nasdaq: AAPL) shares have been on the rise following market chatter that the company might announce a stock split at its annual meeting on Wednesday.

Though rumors have been circulating, at least Seabreeze Partners' Doug Kass posted a message on... More

David Einhorn's Apple (AAPL) 'iPrefs' Presentation

February 21, 2013 3:59 PM EST

(Updated - February 21, 2013 5:54 PM EST)

David Einhorn of Greenlight Capital took his case on Apple (NASDAQ: AAPL) directly to shareholders Thursday, suggesting the iPhone maker could unlock billions of dollars of shareholder value by issuing a new perpetual preferred stock he coined 'iPrefs.'

Einhorn first discussed this novel ideal earlier in the month, which triggered a direct response from Apple saying they would review the idea. Since that time, critics have come out against Einhorn's plan, calling it 'complicated.' Many say Apple should just focus on share repurchases or dividends. Einhorn addressed the critics and called his idea "simple and innovative."

Addressing the Silicon Valley lore that there is no reward for distributing cash, Einhorn said while this may be the case for bloated tech stocks buying at the highs, Apple is a rare case because of its low valuation. Einhorn showed how shareholder friendly tech companies like IBM (NYSE:... More