Apple buys a company every few weeks, says CEO Tim Cook

While Apple often refrains from announcing deals with small companies, Cook said Apple buys a company every two to three weeks on average.

The aggressive acquisition style highlights Apple's massive purchasing power with $225.4 billion in cash on hand, according to its latest earnings report.buys a company every two to three weeks on average, CEO Tim Cook told CNBC's Becky Quick in an interview from Berkshire Hathaway's annual shareholder meeting over the weekend.

In roughly the last six months alone, Cook said Apple has bought approximately 20 to 25 companies. Apple often doesn't announce these deals because the companies are small and Apple is "primarily looking for talent and intellectual property," Cook said. The aggressive acquisition style highlights Apple's massive purchasing power. In its fiscal second-quarter earnings report, Apple reported a

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Additional reporting cut for space: 'Thank you Cayman Islands,' said CEO Tim Cook.

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