Warren Buffett didn’t believe the iPhone X doom predictions

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Buffett
Warren Buffett continues to sing Apple's praises.
Photo: CNBC

Analysts everywhere are trying to restore their Apple credibility after predicting doom for the iPhone X, only to be confronted with Apple’s best ever March quarter!

One person who apparently didn’t buy into the negative chatter about Apple? Renowned investor Warren Buffett. In the first quarter of 2018, Buffett’s Berkshire Hathaway firm shelled out for a massive 75 million AAPL shares. That joins the 165.3 million shares it owned at the end of last year.

Apple is now Warren Buffett’s second biggest investment

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Buffett
Warren Buffet is Apple's biggest investor.
Photo: CNBC

Warren Buffett doesn’t use an iPhone, yet it is one of the big reasons he invests so much money in Apple stock.

Buffett told CNBC on Monday that his Berkshire Hathaway Inc. bought more in Apple than any other stock over the last year, making it the second-biggest holding for the company.

Warren Buffett stays high on Apple despite iPhone slump

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Buffett
Warren Buffet is Apple's biggest investor.
Photo: CNBC

Apple’s big pause in iPhone sales leading up to this year’s new models isn’t worrying one of the company’s biggest investors.

Berkshire Hathaway CEO Warren Buffett says he loves what Apple is doing with its buyback program for investors and even though sales are slow, the stock is still a great buy.

Apple shares reach new high as analyst predicts $200 price

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apple stock price
Apple stock prices spent the whole year on the rise and ended trading Wednesday with a $1 trillion valuation.
Photo: Buster Hein/Cult of Mac

Share prices of Apple Inc. hit yet another record high during trading today, setting a new top mark of 143.80 by the time the market closed.

Apple shares were trading up nearly 3% on Tuesday thanks to an investor note from UBS analyst Steven Milunovich who predicts the stock price could shoot up past $200 in the next two to three years.

AAPL shares soar to new all-time high

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AAPL
Apple's stock is on the rise.
Photo: Buster Hein/Cult of Mac

A ringing endorsement from mega-investor Warren Buffett has helped push Apple’s stock to a new record high today.

Apple shares were trading up 2.04% and closed at an all-time high of $139.78 per share, beating the company’s previous top mark of $137.11 set last week.

Warren Buffett more than doubles AAPL holdings this year

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Apple is worth more than the entire US energy sector combined
Buffett sure knows an opportunity when he sees one.
Photo: Ste Smith/Cult of Mac

Warren Buffett’s investment firm Berkshire Hathaway has more that doubled its Apple share holdings this year — with its $17 billion share of Apple now representing Berkshire’s second biggest holding in a company.

In 2017 alone, the firm has purchased 120 million Apple shares.