An Apple store is seen in Los Angeles, California, United States, April 22, 2016. REUTERS/Lucy Nicholson
“We are always looking at acquisitions,” Apple Inc chief executive officer Tim Cook told analysts last month. “There’s not a size that we would not do.”
It’s a message he’s increasingly stressed over the past year as investors question how the world’s most valuable technology company plans to use its US$246bil (RM1.09tril) cash pile to meet ambitions sales targets and expand into new markets, such as transportation.
