I disagree. There are many people who look for income in the form of dividends. If I'm looking for a growth stock, this isn't my first thought.
For the company's sake, they need to cut the dividend, however, from an investor's point of view, saying it doesn't matter is wrong.
I, for one, own the stock for the dividend. If I want growth I'll buy more AAPL
Just my opinion, of course.