buffet recently purchased 75 million shares of apple. IMO apple has no future, no inovation, always the same shit. I was using mac products for years but since a few months I'm a happy huawei user.
Agreed. Not just apple, this whole smartphone thing is done just like the DSLR market.
Check their
website, they are still trying to sell iphone 6s (I own one btw) for ducks sake. A phone came in 2015. Iphone7, 8, X all are the same thing as Iphone 6s with a better camera and 6S already has a decent camera.
I have a 5 year old Canon Mirrorless (EOS M, very shitty AF speed is the only flaw it has) and after all those fucking years they came up with EOS M3, M5, M50, M100 etc. Out of curiosity I wanted to check what they offer new over my camera and there is absolutely nothing new at all. They all have the same fucking picture quality like they did 5-6 years before. Only one of them was m50 probably is now recording 4K Videos (which I don't care, my 6s can do it already) They hit the limit. There is no room to advance. (they fixed the fucking AF with M2 though)
I see Buffet's move as a distraction to fool the dumb money into the stock markets by convincing them to believe that the monetary/banking system is still intact, it is still working as intended, there is no bubble etc. I don't even believe he has control over his own assets anymore. As someone said he is 87 years old. Must be somebody else who's making these decisions for him.