Warren Buffett: Obsessing over iPhone X sales in the near term 'totally misses the point' on Apple's stock

Warren Buffett: Obsessing over iPhone X sales in the near term 'totally misses the point' on Apple's stock

6 years ago
Anonymous $CLwNLde341

https://www.cnbc.com/2018/05/04/warren-buffett-obsessing-over-iphone-x-sales-in-the-near-term-totally-misses-the-point-on-apples-stock.html

Billionaire investor Warren Buffett said long-term investors of Apple's stock shouldn't obsess with near-term iPhone sales.

"The idea that you're going to spend loads of time trying to guess how many iPhone X or whatever may be are going to be sold in a 3 month period totally misses the point," the Berkshire Hathaway chairman and CEO said in a "Squawk Box" interview that aired Friday.

Warren Buffett: Obsessing over iPhone X sales in the near term 'totally misses the point' on Apple's stock

May 4, 2018, 10:23am UTC
https://www.cnbc.com/2018/05/04/warren-buffett-obsessing-over-iphone-x-sales-in-the-near-term-totally-misses-the-point-on-apples-stock.html >Billionaire investor Warren Buffett said long-term investors of Apple's stock shouldn't obsess with near-term iPhone sales. >"The idea that you're going to spend loads of time trying to guess how many iPhone X or whatever may be are going to be sold in a 3 month period totally misses the point," the Berkshire Hathaway chairman and CEO said in a "Squawk Box" interview that aired Friday.