CNBC’s Warren Buffett, Berkshire Hathaway chairman and CEO, joins CNBC’s Becky Quick for an exclusive interview.
Warren Buffett bought slightly more Apple shares recently, and hopes the stock would drop 10% because if the stock goes down, Apple will buy a lot more stock. He said if the price goes down 10%, it means Apple gets to buy 10% more shares, and Warren Buffett’s interest will go up 10% for spending that money.
Warren Buffett said he would rather give up his million dollar per year airplane than his $1,000 Apple iPhone because of the importance of the utility of the iPhone.
^^ MOBILE? USE VOICE MIC ^^
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