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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 mechanics of a proposed capital allocation strategy involving iPrefs.",
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      "text": "We expect the total value to be about $600 per share, or $150 higher than the current stock price today.",
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      "text": "share price: $600",
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      "text": "Again, even though the value of the common equity is now lower, the combined value to the shareholder is a net gain.",
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      "text": "In the example of a $236 billion distribution of 5 iPrefs per common share, the holder of one share of Apple common stock receives $250 worth of iPrefs and still has the common stock, worth about $350 per share. We expect the total value to be about $600 per share, or $150 higher than the current stock price today.",
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