Apple Is `Way Undervalued,' Gamco's Haverty Says

Apple Is `Way Undervalued,' Gamco's Haverty Says Play

Feb. 7 (Bloomberg) -- Lawrence Haverty, a portfolio manager at Gamco Investors Inc., talks about comments by David Einhorn's Greenlight Capital Inc. on Apple Inc. Greenlight is urging Apple to return more of its $137.1 billion in cash to shareholders, and asked fellow holders to vote against a proposal -- outlined in Apple's annual proxy statement -- that would eliminate preferred stock. Haverty speaks with Betty Liu, Dominic Chu and Alix Steel on Bloomberg Television's "In the Loop." (Source: Bloomberg)

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