Apple Says Falling Equity Values Offer Acquisition Opportunity

Apple Inc. made 19 acquisitions last year and could do even more this year as stock prices fall, said Chief Executive Officer Tim Cook.

“In times where equity values are falling there’s even more opportunity to do that,” Cook said at the company’s annual shareholder meeting in Cupertino, California. Cook said most of the deals last year went unannounced by the company.

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