Tech

Apple has bought more than 100 companies in past six years, Tim Cook tells investors

Apple CEO Tim Cook answered questions about mergers and acquisitions, the impact of Covid-19 and the company’s supply chain during a virtual shareholders meeting on Tuesday. From a report: Recounting a slide show, Cook summarized many of the company’s new products and initiatives announced over the past year. He spoke of the latest iPhones and the growing potential of the Apple Watch, while noting that the AirPods Max earbuds have quickly become “extremely popular” with users. He also discussed Apple’s efforts to tackle the pandemic, climate change and the housing crisis in the San Francisco Bay Area. In a question-and-answer session, Cook said Apple is on track to meet its environmental goals, including becoming carbon neutral by 2030 and transitioning its products to using recycled materials. . He also reiterated Apple’s recent privacy changes, including an impending plan to limit ad targeting on its devices. Cook said the company purchased nearly 100 small businesses in the past six years and makes a deal every three to four weeks. Asked about gender pay equity, the CEO said Apple pays men and women equally around the world and has stopped asking candidates for their pay history to help ensure fairness.

Apple has bought more than 100 companies in past six years, Tim Cook tells investors

Source link Apple has bought more than 100 companies in past six years, Tim Cook tells investors

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