Apple CEO ‘Open’ To New Cash Distributions, Bullish On 2013 Gains

Apple (NASDAQ:AAPL) CEO Tim Cook said management was receptive to new ways to tap its huge cash pile, won’t make unwise acquisitions, and said the company’s market share prospects and performance for 2013 were solid. A lawsuit filed by shareholder Greenlight Capital about tapping its $137 billion cash pile “is a silly sideshow,” he said, because he and top executives of the world’s most valuable technology company are considering means to deal with it.

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