Tuesday 7 May 2019

Tim Cook says Warren Buffett's investment shows that Apple isn't really a tech company anymore

Tim Cook says Warren Buffett's investment shows that Apple isn't really a tech company anymore

Berkshire Hathaway’s major investment in Apple shows that Warren Buffett understands the iPhone maker is really a consumer products company at its core rather than a technology company, Apple CEO Tim Cook told CNBC. ”[Buffett] has been very clear, he didn’t invest in technology companies and companies he didn’t understand. He’s been totally clear with that.
Read more: https://www.cnbc.com/2019/05/06/tim-cook-buffett-stake-shows-that-apple-is-not-really-a-tech-firm.html?source=Snapzu

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