Apple Moving Towards Acquiring More

After buying 24 companies, Apple says they’re looking for more

Apr 26 2014, 6:44am CDT | by

Apple Moving Towards Acquiring More
Photo Credit: thedrum

Tim Cook has said, during the recent second quarter earnings call, that Apple is “on the prowl” for plenty more companies to acquire after picking up 24 in the past 18 months alone.

Only half of the recent acquisitions that Apple has made have become public, but even with that it is seen as a huge move towards becoming the most powerful company on the planet. So far in 2014, they have purchased companies such as SnappyLabs, who produces photo pas, along with dozens of others.

This stands out because Apple is working hard to produce products that they haven’t yet announced. The iWatch is requiring a large amount of resources that Apple didn’t previously have, including companies that produce biometric sensors and more. iOS 8 is also going to involve a lot of changes that are requiring additional resources.

Tim Cook says that they are investing a lot into all aspects, including services, software, as well as hardware, and they are going to continue doing this to work hard improving every single aspect of Apple hardware and software in order to stay on top of the competition, including Samsung, who they are currently in competition with as well as dealing with legal trouble through court cases.

Stay tuned to see what other companies they purchase and what kinds of resources they begin to bring into the fold, including what will help them when they announce the multiple products that are expected to be announced later this year.

Source: Macrumors

 
 
 

<a href="/latest_stories/all/all/25" rel="author">Bijon Kumar Pramanik</a>
Bijon Kumar Pramanik is an experienced technology writer working since years in the consumer electronics field.

 

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