Apple CEO Tim Cook introduces the new iPad during an event in San Francisco on Wednesday, March 7, 2012. The new model features a faster processor and a screen that's even sharper than a high-definition television's. (AP Photo/Jeff Chiu)
In this March 28, 2012 photo provided by Apple, Inc., Apple CEO Tim Cook (center) visits the iPhone production line at the newly-built manufacturing facility Foxconn Zhengzhou Technology Park, which employs 120,000 people. (Associated Press/Apple)
Apple CEO Tim Cook said that, with as much cash as Apple has on hand, a dividend won't restrain the company's options. "These decisions will not close any doors for us," he said. Mr. Cook said Apple looked at how much domestic cash it had, then set aside enough for planned investments and unforeseen outlays. (Associated Press)
**FILE** Apple CEO Tim Cook clasp his hands March 7, 2012, while announcing the new iPad during an Apple event in San Francisco. (Associated Press)
Apple CEO Tim Cook introduces the new iPad during an event in San Francisco on Wednesday, March 7, 2012. The new model features a faster processor and a screen that's even sharper than a high-definition television's. (AP Photo/Jeff Chiu)
Apple CEO Tim Cook unveils the iPhone 4S at the company's headquarters in Cupertino, Calif. (Associated Press)
Apple CEO Tim Cook talk about iTouch, iPhone and iPad during an announcement at Apple headquarters in Cupertino, Calif., on Oct. 4, 2011. (Associated Press)
ASSOCIATED PRESS Apple Chief Executive Officer Steve Jobs holds the new iPad during a product announcement Jan. 27, 2010, in San Francisco. Apple Inc. on Wednesday announced Mr. Jobs has resigned as CEO. He is expected to be replaced by Tim Cook, who has been the company's chief operating officer. Mr. Jobs has been elected as Apple's chairman.
