Mr Cook said that Apple's cash was a "serious subject" but repeated his opinion that a lawsuit from activist shareholder Greenlight Capital was a "silly sideshow", despite a judge finding in favour of David Einhorn's hedge fund last week.
Apple CEO Tim Cook, speaking at a tech conference this past week, dismissed some of Mr. Einhorn's remarks and called a related legal challenge a "silly sideshow, " although he said the company would nonetheless consider ways to hand back more cash to investors.