Apple's cash pile is focus of talks, CEO says Apple shares slipped after Cook ended the company's annual shareholder meeting in Cupertino without giving any additional insight on what he'll do with $137.1 billion in cash and investments. The calls grew louder amid signs of slowing sales and profit growth and increasingly acute competition from Samsung Electronics and Google. Cook, dressed in a dark buttoned-up shirt and seated on a stool in the company's auditorium, said he and other executives are "focused on the long term" and aren't happy with the falling stock price. While Jobs long dismissed investors' cash demands, Cook reinstated the company's quarterly dividend and unveiled a $10 billion stock buyback program last year. Asked by one shareholder about the growth of smartphones running Google's Android operating system, Cook said that while Apple pays close attention to rivals, it's focused on long-term growth.