The latest news coming from the tech industry is that the tech bigshot apple obtains about 100 companies so far in the past six years, the company’s chief executive Tim Cook has disclosed. The CEO was talking at apple’s annual meeting of shareholders on Tuesday. He said that works out at a company every three to four weeks. Early this year Apple recently delivered its largest quarter by revenue of all time by bringing $111.4bn in the first quarter of its fiscal year 2021. Mr. Cook also told in the shareholder’s meeting that the acquisitions are mostly aimed at acquiring technology and talent.
Tech Giant Apple Picks Up A Company Every Three To Four Weeks.
It was quite recently we have witnessed the report that the Google-powered Chromebook laptops have overtaken Apple’s Macs in popularity for the first time, analysts suggest. Consultancy IDC tracked the use of operating systems, such as Microsoft Windows or Apple’s Mac OS. It found Chrome OS, used by the Google-powered laptops, took second place from mac OS for the first time. The system – widely used in cheap laptops handed out to school pupils for remote learning – now has a 10.8% market share, IDC said. This analysis was first reported in the geek wire a tech news wire, they state that despite losing second place, MacOS’s market share grew from 6.7% to 7.5% in 2020, at the expense of Microsoft Windows. Still, Windows remains the most popular operating system by far, with 80.5% of the market. The remaining 1.2% is made up of niche set-ups like free software’s like Linux distributions, often used by enthusiasts. IDC’s numbers included desktop and laptop computers, but not tablets or smartphones. Chromebooks were originally launched in 2011. Chrome OS is a web-based operating system that essentially connects to online apps, rather than running them on powerful local Chromebooks are often cheaper than other laptop options and are made by a range of different companies.
Also, one more shocking news is coming about a potential malware threat focusing on the latest M1 chips of apple, and about 30,000 Mac devices have been infected with a mysterious piece of malware. The “unusual” Silver Sparrow strain silently affected systems in more than 150 countries around the world. It was discovered by researchers at security company Red Canary, who has yet to determine its purpose. Apple claims that it has taken effective measures to restrict the potential damage the malware, which targets devices with its new M1 chip
The company states that its largest acquisition in the last decade was its $3bn purchase of Beats Electronics, the headphone maker founded by rapper and producer Dr. Dre. Another high-profile purchase was music recognition software company Shazam, for $400m in 2018. Most often, Apple buys smaller technology firms and then incorporates their innovations into its products. One example is PrimeSense, an Israeli 3D sensing company whose technology contributed to Apple’s FaceID.
Apple has also invested in back-end technology that would not be so obvious to iPhone or MacBook users.
Apple’s list of acquisitions and investments is extremely varied. In the past year, Apple has bought several artificial intelligence companies (AI), a virtual reality events business, a payments startup, and a podcast business, among others. In early 2016, the company also took a $1bn stake in Chinese ride-hailing service Didi Chuxing, although it was not a controlling interest. Following this in the middle of 2019, Apple bought Drive.ai, a self-driving shuttle firm, to boost its foray into self-driving technologies.
Apple incorporative is an extremely profitable juggernaut worth more than $2trn, so it has plenty of money to make acquisitions. But even if it has bought 100 companies in six years, Apple appears to be very selective about what it buys. Supporting this Tesla founder Elon Musk recently revealed that he approached Mr. Cook to buy the electric car business when it was struggling in 2013 But Mr. Cook did not take the meeting.
While comparing to values most of Apple acquisitions are much more impede than those of many of their competitors like The Microsoft paid nearly $26bn for LinkedIn another hand Amazon group paid $13.7bn for whole foods and the tech giant Facebook acquired WhatsApp for $19bn.
On a general comparison with all these purchases, Apple’s ten purchases together still be worth far less than any of the deal made by their competitors.