The name Warren Buffett has probably been associated with you at some point in the past Applem heard. If not, then know that this is a legendary investor nowadays, who is known for his accurate market estimates. A few months ago, his company made another purchase of shares Applu, making him the second largest shareholder of the Cupertino company. As a result, there are not many people in the world who would not have heard the recent financial results announcement Applu was more pleased. Given that the company's share price increased again thanks to them and Apple surpassed its market value of a trillion dollars, Buffett's account also added a decent amount.
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Specifically, he earned a hard-to-believe $2.6 billion in a single day. So it is not surprising that Buffett is definitely not done with investments in the apple company. What's interesting about this deal is that he has historically avoided tech stocks. However, with his recent actions, he shows his confidence in Apple and his future steps. "Apple is an incredibly strong brand for consumers. Their ecosystem is really strong, extremely strong. You are very, very, very locked into their ecosystem, mini"at least psychologically if you use their products." Buffett said in an interview with CNBC this year. And apparently also in this closed ecosystem and a kind of "obligation" of users to own from AppIn most of its facilities, the investor sees the strength of the company.
Warren Buffett is currently the second largest shareholder Appyou.
Pro Apple This is an ideal investor because it is not as unpredictable as, for example, Carl Icahn, who invested $3,4 billion in the Cupertino company a few years ago, but not long after sold all his shares because he was afraid of the effort Applu about penetrating the Chinese market. Given how accurate Buffett is usually in his estimates, one can expect that he knows what he is doing and AppSo it will probably continue to do very well.
