The take away from that interview is that aapl has no intention of utilizing its cash for its shareholders but rather sit on it for a rainy. But hellooo aapl, your stock crashed from 700. Its not even a rainy day, its a hurricane.
I am not reading the conversation that way. I think they are right - Apple doesn't need $140 anything near per share in cash, and doubling the dividend still would be easily covered by profits. Why not?
That sure would solidify the stock price but quick!