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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": "The slide uses a comparative bar chart to frame Apple's cash accumulation as excessive compared to peers.",
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      "text": "Technology companies have operated differently – particularly some of the largest, most successful companies. They have accumulated enormous amounts of cash that sit idle on their balance sheets for years on end.",
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      "text": "Net Cash Held By Tech Companies ($B)",
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      "text": "Net Cash: $137B",
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      "text": "Let's see how Apple found itself in this exceedingly fortunate position. In most sectors, companies run with debt, and issue equity currency as needed for growth or acquisitions. Technology companies have operated differently – particularly some of the largest, most successful companies. They have accumulated enormous amounts of cash that sit idle on their balance sheets for years on end.",
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      "text": "Tech Companies Like Cash",
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