Question: What is preferred stock and how does it differ as a financial claim from debt and common equity? What, in particular, are the iPrefs being

What is preferred stock and how does it differ as a financial claim from debt and common equity? What, in particular, are the iPrefs being recommended by David Einhorn?
What is David Einhorns logic for how iPrefs will unlock" value for Apples common shareholders?
What is Henry Blodgets argument?
Who should Shannon Young believe: David Einhorn or Henry Blodget?

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