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Top related persons:
Tim Cook - 1 — Warren Buffett - 1 Buffett - 1 Ted Weschler - 1 Todd Combs - 1 Ben Graham - 1 Cook - 1 buybacks Buffett - 1
Top related locs:
Berkshire Omaha
Top related orgs:
Apple - 1 Oracle - 1 New - 1 Wall - 1 CNBC - 1

Search resuls for: "Apple Berkshire"


2 mentions found


☆ Behind Warren Buffett's $100 billion-plus bet on Apple and the iPhone
  + stars: | 2023-09-17 | by ( Yun Li | ) www.cnbc.com   time to read: +4 min
The new iPhone 15 is about to hit the stores, and Apple CEO Tim Cook might have already sent one to his most important investor — Warren Buffett. He bought Apple shares after realizing how devoted people are to its phones, and its unique ability to keep consumers spending within the Apple ecosystem. His return has been well over $100 billion on paper, making Apple Buffett's best investment over the past decade. "Our railroad is a very good business, but it's not remotely as good as Apple's business," Buffett said at the Berkshire shareholder meeting in May . The billionaire investor has called Apple Berkshire's "third-largest business," after its insurance and railroad holdings.
Persons: Tim Cook, — Warren Buffett, Buffett, Ted Weschler, Todd Combs, Ben Graham, Cook, buybacks Buffett, repurchases, Apple's Organizations: Apple, Oracle, New, Wall, CNBC Locations: Berkshire, Omaha
☆ Warren Buffett's first big semiconductor investment in his career is also a bet on Apple's future
  + stars: | 2022-11-19 | by ( Yun Li | ) www.cnbc.com   time to read: +3 min
The disclosure sparked a big rally in the stock as Buffett made Taiwan Semi Berkshire's 10th biggest holding at the end of September. Taiwan Semi is the biggest chip producer in the world by revenue, with clients like Nvidia and Qualcomm. By betting on Taiwan Semi, Buffett is essentially backing the Apple ecosystem and iPhone demand in coming years, he said. It's about 25% of their revenue... when you are betting on TS, you are really betting on Apple." 'Moat' Taiwan Semi has a unique quality that Buffett always looks for – and that is a competitive edge or the so-called wide moat.
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