From Apple advocate to Apple agitator

Hedge fund star David Einhorn has until now been a devoted Apple acolyte, so what has forced the tech giant's biggest cheerleader to take it to court?

Hedge fund star manager David Einhorn was arguably Apple Inc's biggest cheerleader on Wall Street with a stake worth about $US600 million and an oft-cited prediction that the company's market value would hit $US1 trillion some day.

So it was a shock when Einhorn announced that he was suing Apple to get it to deploy its $US137.1 billion cash pile more effectively and arrest a 35 per cent drop in its share price from a record high logged last September.


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