Cook: Continuing Strategic Acquisitions Don't Look at the Size of the Company Only from a Strategic Perspective
Netease Technology News February 1 news, according to US media reports, Apple CEO Tim Cook said on Tuesday that the company will continue to quickly acquire, the acquisition will not look at the size of the company, only from a strategic point of view. When someone asked if he would transfer overseas profits back to the United States, he began to show prudence and said "wait and see" because he did not know when the new US government would start the tax reform. However, he also pointed out that the acquisition is an important part of Apple's past, present and future business models. Cook said: "We will not only look at the size of the company to acquire, more value for strategic values." Cooke do not want to talk about potential acquisitions, saying "we have been focusing on acquisitions." Apple acquired 15-20 companies each year over the past four years. Well-known acquisitions include the acquisition of artificial intelligence companies Turi and Tuplejump in 2016, and global music platform provider Omnifone. The company also invested US$1 billion in a drop-in trip to China’s special car company, and invested US$1 billion in the Softbank Vision Fund to promote the development of technology companies. Apple announced its best quarterly results on Tuesday, with iPhone sales reaching 78.3 million, which is expected by Wall Street analysts. Apple currently has $246.1 billion in cash, but 94% are overseas. Apple generally responds to acquisition rumors by saying: "We buy small technology companies from time to time, and generally do not discuss the purpose or plan." Cook’s remarks today give some new information about Apple’s strategy, but not much. (Wood Xiulin) Manual Motor Starter,Motor Starter,KNS12,China Motor Starter Wenzhou Korlen Electric Appliances Co., Ltd. , https://www.zjaccontactor.com