Buffett showed off his vintage technology during a during a talk Thursday at The Gatehouse's Hands Up for Success luncheon.
Warren Buffett doesn't use an iPhone, despite the fact that the firm he founded and runs, Berkshire Hathaway, owns 5.5% of Apple.
Although Apple is Berkshire's largest investment, its founder and leader lacks hands-on experience with the product that accounts for the majority of the company's revenue. However, Buffett does use an iPad to check stock prices and do research. On Thursday, Buffett said that Apple can"afford a mistake or two" when breaking into new markets, including entertainment. Buffett has previously said that his interest in Apple shares is not because of the company's short-term finances, but because he believes it has a strong brand and ecosystem.
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