first_img See All Now playing: Watch this: reading • Tim Cook: Apple bought 20 to 25 companies in the past six months Apple’s been buying up companies, its CEO tells CNBC. Craig Barritt/Getty Images Apple is reportedly on a shopping spree. CEO Tim Cook told CNBC that it’s bought 20 to 25 companies in the last six months, up from 18 acquisitions last year. “We acquire everything that we need that can fit and has a strategic purpose to it. And so we acquire a company on average, every two to three weeks,” Cook told CNBC in an interview published Monday.Apple didn’t immediately respond to request for comment, but Cook told CNBC that the deals aren’t usually public because the company is looking for “talent and intellectual property.” Apple’s latest earnings report shows that the company has massive purchasing power: $225.4 billion in cash on hand. Some of Apple’s previous acquisitions include Beats in 2014 and the Texture magazine app in 2018.  Aug 31 • iPhone XR vs. iPhone 8 Plus: Which iPhone should you buy? Tags Apple iOS 13 leaks hint at future products and the latest iPhone… Aug 31 • Your phone screen is gross. Here’s how to clean it Aug 31 • iPhone 11, Apple Watch 5 and more: The final rumorscenter_img Aug 31 • Best places to sell your used electronics in 2019 Comments Tech Industry 5 • Tim Cook Apple Share your voice 7:52last_img