Over the past 12 months, Apple shares are up about 80%.
"It's probably the best business I know in the world. And that is a bigger commitment that we have in any business except insurance and the railroad, Buffett said.Buffett said he wished he bought Apple long before he did. "I should have appreciated it earlier."that Berkshire Hathaway bought 75 million more Apple shares, adding to its already huge stake at the time of 165.3 million shares.
Buffett, a self-admitted Luddite, resisted using an iPhone in favor of his flip phone even as Berkshire bought Apple stock. But on Monday, he told CNBC that he finally gave in and switched to an iPhone.
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But he doesn’t use there product
It’s a shame you don’t have better reporters to ask a simple follow up question, WHY? Coke and Am Ex pretty impressive businesses as well as Geico in their heyday And quite the flip flop from a guy who said he would never buy tech SMH BeckyQuick TheDomino
When WARREN B talks about INTEGRITY CHARACTER and ETHICS...that MUST NOT be sold for profit...and he overwhelmingly supports APPLE...knowing full well their outright use of illegal CHILD LABOR and many places ILLEGAL CHILD 'SLAVE' LABOR to make products...BUFFET's lying.
Is it because it enslaves Chinese people for its benefit?
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