Apple has bought more than 20 companies since November, but we only know about 6 of them

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Apple is known to avoid big-name and high-price acquisitions, but Apple CEO Tim Cook told CNBC that his M&A team has actually been quite busy.

The Information reported the deal in November

The company has $225 billion in cash and securities on its balance sheet, according to its most-recent earnings, which makes Apple is one of the most cash-rich enterprises in tech. It also means Apple has a lot opportunities and incentive to spend. But unlike tech giant IBM which spent $34 billion on Red Ha,t or SAP which spent $8 billion on its acquisition of Qualtrics, Apple historically hasn't bet the farm on big deals.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I hope Walmart is one of them.

Please Apple... dont outsource us all

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Apple buys a company every few weeks, says CEO Tim CookApple CEO Tim Cook said the company has acquired approximately 20 to 25 companies in the past six months. Additional reporting cut for space: 'Thank you Cayman Islands,' said CEO Tim Cook. Apple is mine. I want to officially own it now! I want $100bn from Apple. It's very simple... just pay me. (Three and a half decades the syndicate of thieves feasted on my supposed Apple and Hollywood billion$!) Scotus POTUS IBM intel facebook Microsoft AMD Google randy10307 And when I can, I buy wine to get through this Trump hell.
Source: CNBC - 🏆 12. / 72 Read more »