Yeah, because Beats has been working out so well for them.
If they could get something to improve their cloud services competitiveness vs Google, maybe something like Dropbox, I could see that helping them long-term. Otherwise I don't think anything they could acquire would be anything more than a play at becoming a conglomerate ala GE at this point, there simply aren't many companies with a proven core product out there that can help Apple get out of this mess, except by expanding outward.
Not that there is anything wrong with being a conglomerate, Alphabet/Google is basically on its way to becoming one too, and GE is wildly profitable, I just don't see Apple playing well in that space. They need to concentrate on something.
I think Apple have no where to go than to buy companies. In fact most of their revolutionary products were products or technologies they bought.
It's typical apple strategy, they are just worth so much now that it's hard to see their acquisitions as anything but a drop in the water. Until now I guess.
They could buy Twitter, they could buy Box (or dropbox) or some other cloud solution, they could buy Stripe, they could buy Slack, they could buy so many companies and use their size to leverage those into something truly groundbreaking.
