News Formal

Buffett says Apple is Berkshire portfolio's best business

  • 📰 asiaonecom
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 59%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

OMAHA/NEW YORK – Warren Buffett said on Saturday (May 6) that Apple Inc is a better business than any other in Berkshire Hathaway Inc's portfolio. 'Apple is different than the other businesses we own. It just happens to be a better business,' said Buffett during Berkshire's annual meeting in Omaha, Nebraska. Berkshire revealed a US$1 billion (S$1.3 billion) stake in...

A person takes a picture as investors and guests arrive for the Berkshire Hathaway Inc annual shareholders' meeting in Omaha, Nebraska, on May 6.OMAHA/NEW YORK – Warren Buffett said on Saturday that Apple Inc is a better business than any other in Berkshire Hathaway Inc's portfolio.

"Apple is different than the other businesses we own. It just happens to be a better business," said Buffett during Berkshire's annual meeting in Omaha, Nebraska. Berkshire revealed a US$1 billion stake in Apple in May 2016, and by March 2023 had boosted that stake to US$151 billion, accounting for 46 per cent of its US$328 billion equity portfolio,

Buffett has long praised Apple CEO Tim Cook, and viewed Apple less as a technology company and more as a consumer products company with a dominant product, the iPhone, that people want and need.ALSO READ:

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 10. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Buffett says Apple is Berkshire portfolio's best businessOMAHA: Warren Buffett said on Saturday (May 6) that Apple is a better business than any other in Berkshire Hathaway's portfolio. 'Apple is different than the other businesses we own. It just happens to be a better business,' said Buffett during Berkshire's annual meeting in Omaha, Nebraska. Berks
Källa: ChannelNewsAsia - 🏆 6. / 66 Läs mer »