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Tepper had some comments on Apple which they own....I got the impression it was a normal weight position. He seemed kind of lukewarm. He mentioned they did selling/reducing over 500 and buying it back under 400. Mentioned the issue of something "revolutionary" versus "evolutionary", but said it was important they get the "evolutionary" part right by the fall or he hoped he wasn't in the stock. Specifically mentioned the screen size and coming out with a phone with a bigger screen size which I think is critical given that people use their smartphones extensively for viewing media. He also mentioned coming out with a lower price product to take advantage of the ecosystem.
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