Apple Completed 15 'Strategic' Acquisitions in Fiscal 2013
During today's fourth quarter earnings call, Tim Cook announced that Apple has completed a total of 15 "strategic" acquisitions during the course of fiscal 2013, which equates to one acquisition every three to four weeks.
Over the course of the year, Apple has focused on purchasing quite a few mapping companies, with the aim of improving its mapping services. Acquisitions have included Embark, HopStop, WifiSLAM, and Locationary.
Apple has also recently acquired data compression startup AlgoTrim, personal assistant app Cue, wireless chip developer Passif Semiconductor, and discovery and recommendation startup Matcha.tv.
While quite a few of Apple's acquisitions have been made public, a number of deals have clearly remained under the radar and may come to light as Apple works to unveil products in new categories over the course of 2014.
According to Tim Cook, Apple has "great products" coming in categories that Apple does not currently participate in, potentially alluding to its iWatch or upcoming advances in the television industry.
Popular Stories
There are concerning reports on Reddit that Apple's latest iOS 17.5 update has introduced a bug that causes old photos that were deleted – in some cases years ago – to reappear in users' photo libraries. After updating their iPhone, one user said they were shocked to find old NSFW photos that they deleted in 2021 suddenly showing up in photos marked as recently uploaded to iCloud. Other...
Apple today previewed new accessibility features coming with iOS 18 later this year, and this includes some new options for CarPlay. Apple highlighted three new features coming to CarPlay: Voice Control: This feature will allow users to navigate CarPlay and control apps with just their voice. Color Filters: This feature will make the CarPlay interface visually easier to use for...
The iMessage service that Apple users to send messages to one another appears to be down for some users, and messages are failing to go out or are taking an extra long time to send. There are numerous reports about the issue on social networks and a spike of outage reports on Down Detector, but Apple's System Status page is not yet reporting an outage. Update: Apple's status page says...
Apple today released tvOS 17.5, the fifth update update to the tvOS 17 operating system that came out last September. tvOS 17.5 comes two months after the release of tvOS 17.4. tvOS 17.5 can be downloaded using the Settings app on the Apple TV. Go to System > Software Update to get the new software. Apple TV owners who have automatic software updates activated will be upgraded to ...
At its Spring Update event, OpenAI announced that it will be releasing a desktop app for the Mac, as seen in the screenshot below. The app will be rolling out to ChatGPT Plus subscribers starting today, ahead of a wider launch "in the coming weeks." "With a simple keyboard shortcut (Option + Space), you can instantly ask ChatGPT a question," OpenAI's press release says. In addition, Voice...
Today is the official launch day of the new iPad Pro models, and these updated tablets mark the biggest feature and design refresh that we've seen for the iPad Pro in several years. We picked up one of the new 13-inch models to check out everything new. Subscribe to the MacRumors YouTube channel for more videos. When it comes to design, Apple is still offering 11-inch and 13-inch size options ...
Top Rated Comments
Desperate attempt to put a negative spin on things.
Buying a company is the same thing as hiring a new employee, just at a bigger scale. Do you think Apple shouldn't hire any new employees either?
Actually Mr. Buffet said Apple management is great and should just keep doing what they are doing. Perhaps you mean another greedy billionaire.
This is a silly comment, because it suggests that the purchase of cool small companies is a new thing for Apple when every major success from the last 15 years relied heavily on buyouts, even if the final products didn't align with the original business plans of the acquired companies.