Warren Buffett buys stake in Apple

Discussion in 'Stocks' started by Phill Twist, May 16, 2016.

  1. The apple pay TV thing is not that impressive to me, no doubt apple is a kind of influencia and all, but we already more than enough TV streaming even some for free that most people are satisfied with. But naturally I do not see apple's coming south anytime soon.
     
    #11     May 21, 2016
  2. Amaigus

    Amaigus

    Buffet didn't make the decision. It was someone else in the Berkshire operations. But I was dying to buy before the announcement when it broke $90. Buying a company with 30% ROI the prior year selling at 5 times free cash flow and a quality mote like Apple's is so obvious. You don't need Buffet's nod to buy something like that. It's conservatively worth $130.
     
    #12     May 21, 2016
  3. buffet is a little late, Carl Ichan made the right call, made his money and now he is out. apple is also failing in India, face it apples time is over. No one wants their stupid watch. How many Iphones will people buy.
     
    #13     May 22, 2016