Apple knows best what to do with cash, not a loser fund manager, who gets millions of us-dollar for his inability picking stocks. Einhorn''s performance is 40% below S&P performance in 2012. That Shithorn is blaming Apple for his failure. Apple needs much more cash than any other company, because they are fighting against all the other tech companies, Microsoft, Google, Samsung, Lenovo, HP, Dell, HTC, Nokia, RIMM and so on. Those competitors got combined more cash than Apple got, so theier cash is relatively seen not that high.
Means nothing. It just had to do with proxy vote. Furthermore if Einhorn gets his way somehow, you want some slimey cry baby bag holder manipulating your company and its stock price? That's not how capitalism works. Also suppose Apple wants to use the cash for an acquisition then doesn't have it because of all you greedy longs and your dividend increases.