As Apple (AAPL -1.1%) starts outperforming the NASDAQ on the first day of the Tim Cook era,...

|About: Apple Inc. (AAPL)|By:, SA News Editor

As Apple (AAPL -1.1%) starts outperforming the NASDAQ on the first day of the Tim Cook era, hopes are up the company will now be more willing to use its giant cash pile - whether to make acquisitions, issue a dividend, or buy back stock. However, Bernstein's Toni Sacconaghi is skeptical, given that Steve Jobs remains Chairman.