Greenlight Company Presentation
Who are the Buyers for iPrefs?
Institutional Fixed
Income Funds
Endowments
Greenlight Capital, Inc.
Individual Savers
Pension Funds
Insurance
Companies
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This opens up a whole new market for Apple.
Right now,
there is a great demand for yield.
For savers across the country, this product is desperately needed. To receive a 4% income yield
from someone who simply won't fail is quite exciting relative to, say, buying a CD.
And we know what the company that created iTunes thinks about the value of buying CDs.
We've introduced the idea of iPrefs and explained how they work. Now we're going to get into some
of the math to show you how much value Apple can unlock, and how this compares with the other
options.
While the concept of iPrefs is simple, some of the math can get a little hard to follow in this kind of
format. We're going to do our best to keep it as simple as possible.
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