Warren Buffett loves to concentrate his Berkshire Hathaway’s invested capital in a small number of top ideas and, after buying back Berkshire Hathaway stock, his top idea is the world’s most valuable company, Apple, which accounts for close to 48% of Berkshire’s invested assets. Warren Buffett at Berkshire Hathaway’s annual meeting of shareholders on May 8, 2023 Sean Williams for The Motley Fool: As of the closing bell on June 16, 2023, the 915,560,382 shares of Apple stock held by Berkshire Hathaway equates to a market value of $169.3 billion. This works out to 47.8% of the invested assets of Berkshire’s investment portfolio and is nearly 40 percentage points higher than the second-largest holding by portfolio weighting, Bank of America…

Apple’s A17 Bionic SoC is expected to be the company’s first 3nm chip which will offer major performance and efficiency improvements over the 5nm fabrication used for the last three generations of Apple’s A-series chips. Hartley Charlton for MacRumors: The initial version of the A17 Bionic chip will reportedly be manufactured using TSMC’s N3B process, but Apple is planning to switch the A17 over to N3E sometime next year. The move is said to be a cost-cutting measure that could come at the expense of reduced efficiency. N3B is TSMC’s original ‌3nm‌ node created in partnership with Apple. N3E, on the other hand, is the simpler, more accessible node that most other TSMC clients will use. N3E has fewer EUV…

Apple is reportedly in talks with banks and regulators in India to launch Apple Pay and its credit card, Apple Card. The company’s CEO, Tim Cook, met with HDFC Bank CEO and MD Sashidhar Jagdishan during his trip to India in April. Apple Pay Two sources familiar with the matter said that Apple is looking for a partner bank in India to issue Apple Card. The company is also seeking regulatory approval from the Reserve Bank of India (RBI). Apple Card is a co-branded credit card issued by Goldman Sachs and Apple. It was launched in the United States in 2019. The card offers a number of features that are designed to appeal to consumers, including no annual fee, no…

Apple on Wednesday released the second beta of iOS 17 and iPadOS 17 for developers to test. As with all new betas for major point updates, the software includes a number of small tweaks and changes as Apple refines the operating systems ahead of their launch. iOS 17 upgrades the communications experience with Contact Posters, a new stickers experience, Live Voicemail, and much more. Some of the changes in the second beta include: • A new Live Activities feature that allows users to stay on top of things happening in real time, right from their Lock Screen. • A new motion effect for Live Photo wallpaper that makes the Lock Screen feel more dynamic than ever. • The ability to add widgets to…

Apple earlier this month unveiled Apple Vision Pro, a revolutionary spatial computer that seamlessly blends digital content with the physical world, while allowing users to stay present and connected to others. Vision Pro creates an infinite canvas for apps that scales beyond the boundaries of a traditional display and introduces a fully three-dimensional user interface controlled by the most natural and intuitive inputs possible — a user’s eyes, hands, and voice. Apple Vision Pro features an ultra-high-resolution display system that packs 23 million pixels across two displays — more than a 4K TV for each eye — and the brand-new R1 chip, for a virtually lag-free, real-time view of the world. Featuring visionOS, the world’s first spatial operating system, Vision…

The forthcoming Apple Vision Pro spatial computer will offer wearers “Travel Mode” which is aimed at enhancing the user experience while on airplane flights. Apple Vision Pro: Apple’s first spatial computer Steve Moser for MacRumors: Within the first developer beta for ‌visionOS‌, we’ve discovered several text strings which shed light on the functionality of this new feature. The key prompts include: • Are you on an airplane? • If you’re on an airplane, you’ll need to keep Travel Mode on to continue using your ‌Apple Vision Pro‌. • Remain stationary in Travel Mode. • Remain stationary while this mode turns off. • Some awareness features will be off. • The current fit may reduce gaze accuracy. • Turn on Travel Mode when you’re on an airplane to…