Tim Cook

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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 announces a new iPad on March 7, 2012, in San Francisco. (Associated Press)

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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 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 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)