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The Cupertino company is on the hunt for small companies, but is shy about making big acquisitions.
(Credit: James Martin/CNET)
Apple's been buying a new company every month or two, giving the company nine acquisitions since October, CEO Tim Cook said Tuesday at the All Things Digital Conference in Southern California.
The company has only announced the acquisitions it's required to, according to Cook. "We are always looking and if anything we will do more of that in the future," he said of buying other companies.
While Apple's been snatching up smaller companies, it hasn't made any big purchases despite having plenty of cash to burn. Cook said the company is not looking at big acquisitions at the moment, but wouldn't rule one out if the company made a product that was a good fit for the Apple culture.
Check out more of Cook's interview on the CNET live blog.
Donna Tam is a staff writer for CNET News and a native of San Francisco. She enjoys feasting, merrymaking, checking her Gmail, and reading on her Kindle. Before landing at CNET, she wrote for daily newspapers, including the Oakland Tribune, The Spokesman-Review, and the Eureka Times-Standard.