Warren Buffet wants to be Apple's controlling boyfriend
- Author: Joanne Flowers May 09, 2018,
May 09, 2018, 20:44
With the news kickstarting the new week, CNN Money reported that Apple shares rose almost 2 percent on Monday and that the world's biggest tech company by market cap is now worth more than $940 billion.
In other words, the business that looks most attractive for Apple to buy is Apple itself.
Showing his concern about the threat to the insurance industry, CEO of multinational conglomerate Berkshire Hathaway Warren Buffett has said that cybersecurity risks will get worse in the years to come. "It is an remarkable eco system that they've found ways to profit more out of since they will have gone along". It doesn't produce anything. He finds the assets as non productive. Buffett is still chairman and CEO, while Munger remains vice chairman of the board. Vetr raised shares of Berkshire Hathaway from a "hold" rating to a "buy" rating and set a $212.93 price objective for the company in a research note on Monday, February 5th. That's the other thing. "This affects the entire world and it's going to be affected in a faster and more prevalent way than you ever imagined".
"I would suggest that they need to also be open to a new, decentralized, digital, global currency".
"$100 billion is a lot of money", the question concluded. I think the people pushing it are a disgrace.
Moving averages are used as a strong indicator for technical stock analysis and it helps investors in figuring out where the stock has been and also helps in determining where it may be possibly heading.
It's not the first time Buffett has talked down bitcoin, previously he said buying crypto isn't investing rather simply speculative gambling.
Buffett said he made a decision to invest in Apple after he realized that consumers were unlikely to switch to another product once they became established with Apple's system. You're speculating. There's nothing wrong with it.
You didn't buy Apple until it was a $700 billion company.
"I clearly like Apple".
Gates and Buffett are reportedly great friends and Gates has been a Berkshire Hathaway board member for more than 10 years.
Wall Street analysts expect Apple's stock price to surge 11 per cent and reach US$195 within the next 12 months, propelling its market cap to US$989b, according to Thomson Reuters data.
The second-generation iPhone X would feature an even bigger screen, yet it may have a cheaper price point at just US$550 vs. the US$999 iPhone X.