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