this AM on squawk box Becky reported with emphasis that Warren Buffer did not make the AAPL purchase. She said it was done by two of his employees. She identified them by name. She said this was not warrens thinking. Note Becky has always been the he network person to do Buffet interviews both here and abroad.
Its more accurate to say Berkshire Hathaway purchased.
Never the less IMHO the stock will trend upward on this news ,but be ready for some downward action on different reporting of this significant event.
Down on high volume,today IMO its going lower tomorrow then what? who knows. one more bad day and itwill be more than 7% lower from the 112.15 3days ago..I used to use 7% stop loss but cant do that with apple
you're right . I also believe the FBI lied about ruining the phone with a spilled glass of water. I think that was "miss information" put out to put the matter at rest .Im thinking hey!! cut them some slack -just let it go. They are the good guys. I AM Glad that AAPL stonewalled, it all worked out.
I agree, Tim cook said" We don't have it to give ,they (THE FBI) AND COURT are telling us to create it . Apple says Its too dangerous to create, its like giving a master key that could unlock other encrypted devises. I hope a mutually agreeable solution is found.