Warren Buffett, one of Apple's largest shareholders, finally owns one of the company's most popular products.
The billionaire investor revealed Monday that he recently traded in his flip phone for an iPhone. The Berkshire Hathaway CEO told CNBC that his old Samsung phone is"permanently gone." He teased that he might crush his old phone at Berkshire Hathaway's upcoming annual meeting in May.It doesn't sound like he has many apps or uses the customizable memojis on his iPhone -- he says he simply uses it"as a phone." Berkshire owns around 5.6% of Apple .
Read MoreBuffett's new iPhone is not his first Apple gadget: He previously said he uses an iPad to check stocks. He even sent his first tweet from an iPad in 2013.Buffett's old phone was a Samsung SCH-U320. He showed that phone off to CNN in 2013 and joked that Alexander Graham-Bell gave it to him. His comments come after his company, Berkshire Hathaway, reported its latest quarterly results on Saturday. The conglomerate posted a net profit of $29.2 billion and operating earnings of $4.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Warren Buffett says Apple is 'probably the best business I know in the world'Warren Buffett told CNBC that Berkshire Hathaway's 'third largest business,' after its insurance and railroad interests, is its stake in Apple.
Read more »
Longtime Apple fan Warren Buffett has finally traded his flip phone for an iPhoneThe billionaire founder and chief executive of Berkshire Hathaway Inc. has long been a fan of Apple Inc., but for years has relied on a cheap Samsung flip...
Read more »
Warren Buffett interview highlights: 'Good' when stocks fall, likes Apple a lot, coronavirus impact“I’m a democrat, but I’m not a card-carrying democrat.” Warren Buffett is, however, a card-carrying capitalist. “We will see what happens,” he said yesterday about the 2020 election. AskWarren
Read more »
Warren Buffett finally gave up his flip phone and got an iPhone - Business InsiderThe legendary investor Warren Buffett, who owns billions in Apple stock, finally gave in and got an iPhone.
Read more »
Warren Buffett Says He Finally Ditched Old Flip Phone for Latest iPhoneBuffett says his ancient flip phone is a thing of the past, and he's now an iPhone user.
Read more »
Warren Buffett calls coronavirus outbreak 'scary stuff,' but says he won't be selling stocksWarren Buffett, the billionaire chairman of Berkshire Hathaway Inc , on Monday c...
Read more »