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Apple is ‘probably the best business in the world' says Warren Buffett [Video]


Added 02-24-20 10:31:02am EST - “Billionaire investor Warren Buffett has said in an interview that Apple 'probably the best business I know in the world.' His Berkshire Hathaway ...” - 9to5mac.com

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Posted By TheNewsCommenter: From 9to5mac.com: “The best business in the world: Warren Buffett on Apple - 9to5Mac”. Below is an excerpt from the article.

Billionaire investor Warren Buffett has said in an interview that Apple is ‘probably the best business I know in the world.’

His Berkshire Hathaway conglomerate is now the largest single investor in AAPL, owning 5.7% of the company and ‘increasing all the time’ …

Warren Buffett told CNBC that Berkshire Hathaway’s “third largest business,” after its insurance and railroad interests, is its stake in Apple.

“I don’t think of Apple as a stock. I think of it as our third business,” Buffett said on Squawk Box.

“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,” he said.

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