> Avoided the sort of ridiculous cash burning acquisitions to inflate growth It's funny how Apple has often been exhorted by industry observers to make large a

> Avoided the sort of ridiculous cash burning acquisitions to inflate growth It's funny how Apple has often been exhorted by industry observers to make large acquisitions, and instead has done quite well with smaller ones. Beats has been a commercial success. PA Semi (dating back to the Jobs era) was the foundation to a hugely successful VLSI design division. The success of Siri is a bit more disputed, but it's playing an important role in many products.