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  "documentTitle": "Apple Inc. (AAPL)",
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  "authorName": "David Einhorn",
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  "notes": "The slide uses a 'ceo-quote-contradiction' framework to undermine management's stated rationale for avoiding dividends.",
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      "text": "Further, there is a fear that dividends signal poor growth prospects or the end of innovation. Microsoft is apparently the poster child for this argument.",
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      "text": "Over the last few years Microsoft has shown that one-time dividends, ongoing dividends, and share repurchases aren't by themselves good enough to drive value in the face of a deteriorating competitive position.",
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      "text": "We've run out of other ideas, let's do a dividend. That'll raise the stock price!",
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      "text": "Tech Management Conventional Wisdom: Dividends Hurt Our Image",
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