Analyst meets with Apple CFO; expects 6% cash return-update

Morgan Stanley's Katy Huberty thinks Apple should borrow to pay its shareholders

FORTUNE -- While Greenlight Capital's David Einhorn was lobbying shareholders Thursday to support his perpetual preferred stock idea (see Would you buy an iPref from this man?), Morgan Stanley's Katy Huberty has been meeting with the Apple (AAPL) executive who rejected Einhorn's proposal last September:...