David Einhorn spoke at length today about how Apple can better unlock shareholder value. We have the entire 10,000 word transcript of the call. David Einhorn’s Greenlight Capital showed readers a slideshow related to the presentation during the speech. David Einhorn’s main idea was for Apple Inc. (NASDAQ:AAPL) should issue a new security called “iprefs”. In short, Einhorn believes that Apple can issue the iprefs which would be a form of perpetual preferred equity. The iPrefs would yield about 4% and David Einhorn believes that the security would attract interest from institutional investors. We have the entire David Einhorn Apple presentation embedded below:
iPrefs-David Einhorn Apple Presentation by ValueWalk.com
