With iPhone sales down, perhaps temporarily, Apple CEO Tim Cook indicated during the company’s earnings conference call this week that Apple is always on the look out for exciting new technologies and companies to acquire. Not only that, Cook suggested that Apple would be willing to shell out big bucks for a blockbuster acquisition if the right opportunity arose.
We’re always looking in the market about things that could complement things that we do today, become features in something we do, or allow us to accelerate entry into a category that we’re excited about,” Cook explained. Later on, Cook added that Apple “would definitely buy something larger than we bought thus far.”
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