It is safe to say that no one disagrees with the proposition that Apple's $137.1 billion cash position is more money that the company needs to operate its business. Last week, the simmering issue of what the company should do with the massive cash pile heated up last week after both Greenlight Capital's David Einhorn and Legg Mason portfolio manager Bill Miller asserted that there is the potential for Apple's stock to appreciate considerably with a creative distribution of its cash to holders in one form or another.
It is safe to say that no one disagrees with the proposition that Apple's $137.1 billion cash position is more money that the company needs to operate its business. Last week, the simmering issue of what the company should do with the massive cash pile heated up last week after both Greenlight Capital's David Einhorn and Legg Mason portfolio manager Bill Miller asserted that there is the potential for Apple's stock to appreciate considerably with a creative distribution of its cash to holders in one form or another.
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