Warren Buffett: Apple is ‘probably the best business I know in the world’What you need to know
Warren Buffett has been speaking with CNBC.
He says that Apple is Berkshire Hathaway's third-largest commitment.
Apple is "probably the best business I know in the world".
He should know.
Warren Buffett is a man who knows how to make money. So when he says that Apple is 'probably the best business I know in the world,' it's probably wise to listen to him.
He was speaking during an interview with CNBC, with his company Berkshire Hathaway reportedly ending 2019 with a 5.7% ownership in Apple stock.
So just how important is Apple to Berkshire Hathaway? Pretty important, it would seem.
Warren Buffett told CNBC that Berkshire Hathaway's "third largest business," after its insurance and railroad interests, is its stake in Apple.
"I don't think of Apple as a stock. I think of it as our third business," Buffett said on Squawk Box.
"It's probably the best business I know in the world. And that is a bigger commitment that we have in any business e...
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Warren Buffett: Apple is ‘probably the best business I know in the world’