Tim Cook says Apple doesn’t acquire to stifle competition in new interviewTim Cook says 75% of Apple Stores are now open globally.
What you need to know
CNBC interviewed Apple CEO Tim Cook after its Q3 earnings call.
Cook talked about the company's acquisition strategy in comparison to others.
He also talked about the company's performance for the last quarter.
In an interview with CNBC today, Apple CEO Tim Cook talked about Apple's acquisition strategy, it's Q3 performance, and the effect of working from home on the Mac and the iPad.
When asked about this week's antitrust hearing, Cook pointed to the fact that, while other companies seem to make acquisitions in order to stifle competitors, Apple does so to bring new features to its devices.
"If you look at the things behind the investigation, the things are acquisitions, and if you noticed, we didn't get any questions on acquisitions because our approach on acquisitions has been to buy companies where we have challenges, and IP, and then make them a feature of the phone."
Cook also answered qu...
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Tim Cook says Apple doesn’t acquire to stifle competition in new interview
