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.
Cook also answered questions around the company's financial performance for its third quarter this year, which set multiple records. Cook attributes the success to the successful launch of the iPhone SE and the continued success of the iPhone 11.
He also pointed to a major boost in iPad and Mac sales, both of which he says is due to the rise of working and learning from home.
Cook also mentioned that reopening its retail stores, especially in China, helped to boost its financial performance last quarter.
You can check out the video version of the interview at CNBC.
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Joe Wituschek is a Contributor at iMore. With over ten years in the technology industry, one of them being at Apple, Joe now covers the company for the website. In addition to covering breaking news, Joe also writes editorials and reviews for a range of products. He fell in love with Apple products when he got an iPod nano for Christmas almost twenty years ago. Despite being considered a "heavy" user, he has always preferred the consumer-focused products like the MacBook Air, iPad mini, and iPhone 13 mini. He will fight to the death to keep a mini iPhone in the lineup. In his free time, Joe enjoys video games, movies, photography, running, and basically everything outdoors.