Berkshire Hathaway owns more than 5% of outstanding Apple stock.
Apple issues regular dividends, which Buffett has said is attractive under his investing philosophy.
"I don't think of Apple as a stock. I think of it as our third business," Buffett told CNBC in 2020, calling it"probably the best business I know in the world."" and encourages customers to regularly upgrade, making it a safer investment and more like a consumer company than a tech company. Cook has also praised Berkshire's investment in Apple."We run the company for the long term. And so the fact that we've got the ultimate long-term investor in the stock is incredible," CookThe mutual admiration between the two business titans goes beyond investment, though. In 2019, Apple briefly published a game
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