During his trip to Berkshire Hathaway’s annual shareholder’s meeting over the weekend, Tim Cook sat down for an interview with CNBC and shared some news about Apple’s recent acquisitions.
Apple is notoriously quiet about its acquisitions, especially when it comes to smaller companies and startups. While Cook didn’t give anything anyway in relation to the types of companies Apple has recently acquired, he did share that it has purchased up to 25 in just the last six months.
He noted that ends up being a rate of an acquisition “on average, every two or three weeks.”
Cook didn’t note any more details except that Apple is usually eyeing “talent and intellectual property” with the frequent acquisition of these small companies.
As we previously reported, some of the notable publicly announced Apple acquisitions in 2018 were Texture, Shazam, and Buddybuild. Apple just announced its March quarter earnings which revealed the company has over $200 billion in cash on hand, which it will no doubt leverage to continue making acquisitions.
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