Apple has bought around two dozen companies in the past 6 months, Tim Cook says

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'We acquire a company, on average, every two to three weeks,” Apple CEO Tim Cook says.

Chief Executive Tim Cook told CNBC in a weekend interview from Berkshire Hathaway Inc.’s BRK.B, -2.49% annual meeting that the tech giant has bought between 20 and 25 companies in the past six months.

Its most high-profile acquisitions in recent years include Beats in 2014 — at $3 billion, the largest purchase in Apple’s history — automation app Workflow in 2017 and magazine app Texture in 2018.

Source: News Formal (newsformal.com)

 

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At what point do they buy a leading company in Electric transport and autonomous driving Tesla which is being run by Elon Musk a brilliant visionary but clearly bipolar. Tesla needs the cash and Apple needs the tech.

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