In the following video, Motley Fool senior tech analyst Eric Bleeker talks about the question of what to do with all that cash on Apple's balance sheet. As billionaire hedge fund manager David Einhorn continues to call for the company to issue preferred shares with a 4% fixed dividend yield to return some of that cash to shareholders, both Eric and the management at Apple agree that it isn't in the company's best interest at the moment. Eric tells us how Apple is taking the issue of the cash on its balance sheet "very seriously," details why this isn't the best plan, and gives us some potential alternatives.
There's no doubt that Apple is at the center of technology's largest revolution ever, and that longtime shareholders have been handsomely rewarded with over 1,000% gains. However, after the company's recent backslide, there is a debate raging as to whether Apple remains a buy. The Motley Fool's senior technology analyst and managing bureau chief, Eric Bleeker, is prepared to fill you in on both reasons to buy and reasons to sell Apple, and what opportunities are left for the company (and more importantly, your portfolio) going forward. To get instant access to his latest thinking on Apple, simply click here now.
The article The Battle Over Apple's Cash Heats Up originally appeared on Fool.com.
Eric Bleeker, CFA has no position in any stocks mentioned. The Motley Fool recommends Apple. The Motley Fool owns shares of Apple. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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