The following video is part of our nationally syndicated Motley Fool Money radio show, with host Chris Hill talking with Jason Moser, Ron Gross, and Joe Magyer. This week Apple CEO Tim Cook said the $98 billion on Apple's balance sheet is "more than we need to run the company." While the guys all agree that a dividend payment for shareholders will probably happen, they also propose a few ways Apple could allocate its capital beyond a dividend. The possibilities include deals involving the likes of Netflix and Sprint Nextel.

Chris Hill owns no shares of any of the companies mentioned. The Motley Fool owns shares of Apple and Google. Motley Fool newsletter services have recommended buying shares of Netflix, Google, and Apple and creating a bull call spread position in Apple. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.