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  "documentTitle": "Apple Inc. (AAPL)",
  "authorId": "04_Greenlight_Capital",
  "authorName": "David Einhorn",
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  "presentationDate": "2013-02-21 00:00:00",
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  "notes": "This slide explains the financial mechanics of the 'iPref' proposal, demonstrating a net gain for shareholders.",
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      "text": "Although the value of the common equity is now lower, if you add the value that the shareholder gets from the iPrefs he receives, the total is a net gain.",
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      "text": "Total Value: $480",
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      "text": "In the example of a $47 billion iPref issuance, the holder of one share of Apple common stock receives an iPref worth $50, which is added to the new value of the common stock, which is $430. That's $480 of total value which is $30 higher than the current stock price.",
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      "text": "Current Value = $450 | Total Value = $480",
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