“You’re looking at an 89-year-old guy who’s barely beginning to get with it,” Berkshire Hathaway CEO Warren Buffett said about his Apple iPhone 11.
Berkshire Hathaway CEO Warren Buffett has always been an admirer of Apple.
Berkshire Hathaway owns 249 million Apple shares, roughly 5.5% of the company, yet Warren Buffett himself had a Samsung Haven SCH-U320 flip phone, which sells for about US$20 on Ebay.
He showed off the flip phone at a luncheon in March last year.
“Here’s my phone, incidentally. Alexander Graham Bell lent it to me and I forgot to return it,” Warren Buffett joked at The Gatehouse’s Hands Up for Success luncheon.
At the luncheon he revealed he had an Apple iPhone 10.
“A fellow sent me a ’10′ the other day, but I’m not using it yet,” Warren Buffett said. “Very nice fellow. He even explained it. I think he pretended he was writing to a three-year-old child. He wrote me this very nice letter and explained what to do with it — how it wouldn’t bite me or anything like that. I’m kind of screwing up my courage here and one of these days, I’ll move.”
It appears he didn’t.
The 89-year-old Buffett revealed he has flipped smartphones in an interview with CNBC.
“My flip phone is permanently gone,” Buffett said.
Buffett said he had an iPhone 11.
“I’ve been given several of them, including (from Apple CEO) Tim Cook,” Buffett said.
Buffett indicated he only used the iPhone 11 for rudimentary purposes.
“You’re looking at an 89-year-old guy who’s barely beginning to get with it,” Buffett said, adding he doesn’t use all its facilities like most people.
“I use it as a phone,” he said.
Buffett said in the past that he uses an Apple iPad solely to check stock prices and undertake research.
Cook said in 2018 he would fly to Omaha, Nebraska, to help Warren Buffett set up his new phone.
Buffett said at the earnings call that Apple is “probably the best business I know in the world”.
Berkshire Hathaway shares in Apple are worth US72 billion.