Buffett Buys More Apple, Says iPhone Is ‘Enormously Underpriced’
- Billionaire still buying equities even as market hits records
- Gawande, head of health-care initiative, is hiring, he says
This article is for subscribers only.
The Oracle of Omaha is adding to his already large stake in Apple Inc.
Warren Buffett, 88, likes the technology giant because of its devoted customers, and has built up his stake in the company by “just a little” since his last regulatory filing, he said Thursday in an interview with CNBC. The Berkshire Hathaway Inc. chairman and chief executive officer said his firm has also bought back some of its own stock recently.