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Apple CEO Tim Cook sits as a guest of first lady Michelle Obama prior to the start of President Barack Obama's State of the Union address during a joint session of Congress, Tuesday, Feb.12, 2013, on Capitol Hill in Washington. (AP Photo/Pablo Martinez Monsivais)

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**FILE** Apple CEO Tim Cook speaks Sept. 12, 2012, during an introduction of the new iPhone 5 in San Francisco. (Associated Press)

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**FILE** Apple CEO Tim Cook announces a new iPad on March 7, 2012, in San Francisco. (Associated Press)

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**FILE** Apple CEO Tim Cook announces a new iPad on March 7, 2012, in San Francisco. (Associated Press)

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Apple CEO Tim Cook speaks Sept. 12, 2012, during an introduction of the new iPhone 5 in San Francisco. (Associated Press)

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Apple Maps Apology_Live.jpg

**FILE** Apple CEO Tim Cook speaks Sept. 12, 2012, during an introduction of the new iPhone 5 in San Francisco. (Associated Press)

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Apple CEO Tim Cook speaks at the Apple Developers Conference in San Francisco on Monday, June 11, 2012. (AP Photo/Paul Sakuma)

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**FILE** Apple CEO Tim Cook speaks at the Apple Developers Conference in San Francisco on on June 11, 2012. (Associated Press)

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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)

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Apple Cash_Live.jpg

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)

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**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)

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Apple CEO Tim Cook unveils the iPhone 4S at the company's headquarters in Cupertino, Calif. (Associated Press)

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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)

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Dan Mead (left) of Verizon Wireless and Tim Cook of Apple announce that Verizon Wireless will start selling Apple's iPhone next month. (Associated Press)

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Dan Mead, left, CEO of Verizon Wireless, and Tim Cook, COO of Apple, announce that Verizon Wireless will carry Apple's iPhone, Tuesday, Jan. 11, 2011 in New York. (AP Photo/Mark Lennihan)