Apple Investors Rally Behind Einhorn’s Call to Return More Cash

Apple Investors Rally Behind Einhorn’s Call to Return More Cash

Noah Berger/Bloomberg

Tim Cook, CEO of Apple Inc., speaks during an event in San Jose, Calif. on Oct. 23, 2012. Apple investor David Einhorn said Apple’s cash hoard equates to about $145 a share, and he joins other investors in saying that the company is hanging on to too much of it.