“We are constantly looking for companies to buy”

THE Apple released its first-quarter financial results, and during this presentation, CEO Tim Cook was asked about the technology strategy for acquiring other companies.

“We are constantly looking for companies to buy from. We have bought many small businesses and we continue to do so with our intellectual property and talent. We will not crowd out a larger company if the opportunity arises. I won’t reveal my list in this call, but we’re always vigilant. ”

The question was raised specifically in relation to health, content and fitness companies where Apple has been raised as one of Peloton’s potential purchases.

Also read: Apple has good reasons to smile in the first quarter of 2022

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