Apple Has `Very Strong' Cash Flow, PNC's Stone Says

E. William Stone, chief investment strategist at PNC Wealth Management, talks about U.S. stocks including Apple Inc. and Procter & Gamble Co.

Apple’s board and management are actively discussing the return of more cash to shareholders and considering a proposal that it issue preferred stock. Stone also discusses the U.S. economy and Europe's debt problems. He speaks from Philadelphia with Zeb Eckert on Bloomberg Television's "First Up." (Source: Bloomberg)

Running time 06:05

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.