Warren Buffett: Obsessing over iPhone X sales in the near term 'totally misses the point' on Apple's stock
Publishing timestamp: 2018-05-04 10:07:46
Summary
Warren Buffett advises long-term investors of Apple to not focus on near-term iPhone sales, as Berkshire Hathaway bought 75 million more shares of Apple in the first quarter. Buffett believes in the long-term potential of Apple and the economy is growing faster than 2 percent.
Sentiment: POSITIVE
Keywords: apple inc, warren buffett, investment strategy, quotes, berkshire hathaway inc, smartphones, squawk box u.s., business news,