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The Oracle And The Apple: Is Buffett Wrong About The iPhone Maker?

2017-02-18-20_30_51-free-stock-photo-of-apple-cable-chargingThe big Warren Buffett news recently has been about his Berkshire Hathaway having hiked its stake in both the U.S. airline industry and Apple in the fourth quarter of last year – despite Buffett having professed an aversion to airlines and tech companies in past. Today’s article focuses on Berkshire’s big bet on Apple and, while acknowledging that Buffett has made lots of money on the company, questions whether it really fits the profile of what he covets – “a deep value stock offering strong earnings power at a bargain price” – and is worth owing from here on. What does a deep dive into Apple’s numbers indicate? CLICK HERE to find out.