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If you have been following our magazine for a long time, the name Warren Buffett is certainly not foreign to you. He is one of the largest shareholders Applu, who is widely recognized in the world for his incredibly accurate market predictions. This “Oracle of Omaha,” as Buffett is nicknamed, has been commenting Applu and its deserts quite often, and his reviews are mostly positive. However, in a new interview with CNBC regarding the newly introduced services, he was not so positive. 

In the past, Buffett captured the world's attention, for example, by saying that iPhones seem cheap to him and he would easily make them more expensive. And now another one will be added to this rather controversial performance. Apple according to him, he is in a position where he can easily afford a mistake or two. Failure to meet expectations from Apple News+ or Apple TV+ therefore wouldn't have to be so bad in the end. 

Buffett is mainly concerned about the fact that the entertainment industry, into which he Apple now wants to go head to head with the News+ service, it is full of tough competition that can make it very difficult to break through. In addition, it is staffed by real leaders in their field with a huge source of money, which they can use practically only to force the viewer to watch their shows longer. But the question is whether he will Apple able to jump on this bandwagon without much experience. "I personally wouldn't want to play this game” Buffett finished arguing about the service. 

So let's be surprised how youonec newly introduced services will lead. Analysts' expectations are diametrically opposed. Only time will tell whether Apple in this regard, he hit the spot, so to speak, or whether it is, on the contrary, a misstep. Even if, however Apple failed, Buffett probably won't get rid of his shares.

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