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Apple's acquisition strategy

Monday, 28 Jul 2014 | 12:00 PM ET

CNBC's Josh Lipton and USA Today San Francisco Bureau Chief Jon Swartz discuss what Apple's acquisition plans say about its hardware business.

The Apple logo is displayed at the Upper West Side Apple store in New York.
Cash dollars
A worker prepares to install a new pipe on a rig while drilling a new well at a farm on April 29, 2014 near Mendota, California.
A picture taken on July 28, 2014 shows smoke billowing from an oil depot where a huge blaze started following clashes around Tripoli airport, Libya.
Jeff Bezos introducing Fire Phone
Filmmaker James Gunn, actors Chris Pratt and Zoe Saldana from Marvel Studios movie 'Guardians of the Galaxy'.
Alan "Ace" Greenberg in 2012
A board of stock indicators shows upward momentum on the floor of the New York Stock Exchange.