The June date is based on how existing Authorized Campus Stores have started to clear out Apple computers at cost, which an example being the store at the University of Victoria (UVic). Once supplies have sold out campus stores will only sell accessories and peripherals.
Explicit leverage is money or assets contractually borrowed for a fee. As a hedge fund investor, it is important to know whether your hedge funds are using these types of products and how much risk they add to your portfolio. One way to figure this out is by reviewing the often overlooked audited financial statements.
A hedge fund, as the name suggests, is a fund that has hedges--or preventative measures--in place so that the fund will (theoretically) do well in a bull or bear market. That might mean that hedge fund managers buy stocks for the long haul, while also shorting stocks or buying options in case stock prices go down, for example.