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Famous Investor Warren Buffett praised the great loyalty that the technology company Mansana won with their phones iPhone.
In an interview with CNBCThe mogul talked about Tim Cook and how his business management has enabled him to continue growing in the industry.
Buffett praises Apple
Buffett praised Cook for success Mansana during his tenure as CEO. “Tim Cook is one of the best CEOs and he understands the business,” Buffett said. “Tim Cook ran this company in an extraordinary way.”
The investor also explained why he believes Mansana he has such strong brand loyalty.
“If you are a user Mansana and someone offers you $10,000, but the only condition is they take your iPhone And you will never buy another, you are not going to take it. If they tell you that if you buy another Ford car, they will give you $10,000 for not doing it, you will take $10,000 and buy a Chevy,” he gives an example.
“This is an incredibly valuable utility. This doesn’t mean kids can’t misuse it, and Tim Cook is worried about that. Everything can be misused. But I think Tim Cook cares about that.”
Warren Buffettowns a large number of shares through Berkshire Hathaway Mansana, and explained that it was because “it’s a great business.” “And our property increases a little every year because they buy back their shares. And Tim doesn’t play it, he buys it. And we love it.”
Using ChatGPT for the first time
Buffett also had a few words about ChatGPT, modern artificial intelligence.
“I don’t think I understand anything at all, but Bill Gates came in at least four or five months ago and said, ‘I’ll show you the latest version and what you can do with it.’ Actually, I said to take the song “My Way” and write it in Spanish. Two seconds later, you know, he comes out and rhymes and does all these wonderful things,” he said.
In the past, Buffett has been open about his lack of technical expertise, but has shown a willingness to try out new technologies at his own pace.
We recommend METADATA, the RPP technology podcast. News, analytics, reviews, recommendations and everything you need to know about the tech world.
Source: RPP
I am Ben Stock, a passionate and experienced digital journalist working in the news industry. At the Buna Times, I write articles covering technology developments and related topics. I strive to provide reliable information that my readers can trust. My research skills are top-notch, as well as my ability to craft engaging stories on timely topics with clarity and accuracy.