It is difficult for an ongoing business (or an investor) to go bankrupt without debt.
- Manlobbi
Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
No. of Recommendations: 8
"'If you're an Apple user and somebody offers you $10,000 but the only proviso is that they'll take away your iPhone and you'll never be able to buy another, you're not gonna take it,' Buffett told CNBC earlier this week in an interview from Japan.
Buffett, Berkshire's 92-year-old CEO, contrasted that customer attitude with the loyalty of auto buyers. Buffett said that if Ford owners were given the same option for $10,000, 'you'll take the $10,000. You'll buy a Chevy, instead.'
https://apple.news/AFd684Gw4QDSm_PO3UbgeMQ
No. of Recommendations: 3
I disagree with this. I am a long time iPhone user. My whole family uses them, but for $10k, I would switch all of them to Samsung.
No. of Recommendations: 4
I disagree with this. I am a long time iPhone user. My whole family uses them, but for $10k, I would switch all of them to Samsung.
I, on the other hand, agree with it. Unless something drastic happens, I expect I will keep purchasing iPhones (or whatever replaces the iPhone) and other products in the Apple ecosystem for the rest of my life. If I reach Warren Buffett's Munger's age, that will be another five decades. I wouldn't say that about any other brand. And I wouldn't give it up for $10k.
No. of Recommendations: 3
I think it is very important to evaluate this comment broadly. IMO some investors mistakenly apply their personal frugality to the broader customer set. There is no doubt Apple is a premium brand and captures the highest retention, customer sat and share of industry profits.
Just look at their uptick in numbers in India.
No. of Recommendations: 0
Singling out iPhone is not really capturing the Apple product portfolio these days. The Watch, iPad, Mac, TV+, CarPlay (for me at least), and subscriptions services are an important part of Apple's dominance. It surprises me that Apple recently released a dedicated classical music service with its own app.
Although I still have the entire Apple ecosystem, I switched my most frequent use from Mac to Windows a couple years ago and I'm comfortable with the change.
No. of Recommendations: 2
For those interested in the effect of iPhone market dominance on PC sales, note Intel has released an improved version of Unison, which allows an iPhone to pair and exchange information with a Windows PC, and Microsoft itself just released "Phone Link for iPhone" which does the same. These are early efforts to break Apple's hold on iPhone users and they aren't ready for prime time yet. But they will be. Apple has announced new versions of its TV and Music software that will run on Windows PC's, so this kind of interoperability is coming.
Most Apple analysts, assuming this would have already happened (Dell and others also tried), have been forecasting a decline in Mac sales for years, but it hasn't materialized. Sales were stagnant 2012-2020 but are now on the rise again. And even if Mac sales decline because of interoperability (not what we are seeing), Apple's increased revenue from services will far outstrip any losses in hardware. So this is not likely to be a negative for Apple but you never know. FWIW, my Microsoft shares are doing almost as well as my Apple's, inside BRK and out, so I'm fine with this.
https://www.technewsworld.com/story/intel-unison-i...https://www.windowscentral.com/software-apps/windo...abromber
