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Warren Buffett’s biggest investment coup during his 58 years of leading Berkshire Hathaway is Apple. With Apple’s market value now above $3 trillion, Berkshire Hathaway’s stake in the world’s most valuable company (some 915 million shares) is worth $176 billion, more than five times its cost of $31 billion.  Warren Buffett at Berkshire Hathaway’s annual meeting of shareholders on May 8, 2023 Andrew Bary for Barron’s: How did Buffett do it? He recognized Apple’s strengths and bought the shares inexpensively… While he is known for moving away from a deep-value investment approach—favored by his mentor Benjamin Graham—to growth stocks, he is disciplined in what he pays.   When Buffett was accumulating what has become a nearly 6% stake in Apple from 2016…
Affected Spotify Premium subscribers can re-subscribe after their account has been moved to the free membership tier. | Nick Barclay / The Verge It’s been over seven years since Spotify stopped allowing new customers to subscribe to its Premium tier membership through Apple’s in-app purchase system, and now the streaming giant is dropping support for the payment method entirely. As reported by Variety, Spotify has recently emailed legacy Premium subscribers who are still paying through the Apple App Store to notify them that they will need to resubscribe to the service using an alternative payment system, like PayPal or a credit card, at the end of their final billing period. “We’re contacting you because when you joined Spotify Premium you…
Macworld Welcome to our weekly Apple Breakfast column, which includes all the Apple news you missed last week in a handy bite-sized roundup. We call it Apple Breakfast because we think it goes great with a Monday morning cup of coffee or tea, but it’s cool if you want to give it a read during lunch or dinner hours too. The only way is upsell One of the quirkier stories we covered last week centered on a simple Velcro strap. Apple’s upcoming Vision Pro headset, you see, is rather heavy, and the company seems to have addressed possible issues with comfort by adding on an extra strap that goes over the top of the user’s head. But this strap is…
Screenshot by Jay Peters / The Verge After a month of outrage, protests, and unrest from the community, Reddit has finally flipped the switch to shut down some third-party apps. Apollo, an iOS app that became a rallying point for the recent protests against Reddit’s imminent API pricing, no longer loads any content from the platform. When I open it up, all I see is a spinning wheel. Developer Christian Selig confirmed to me that Reddit is the one that turned things off, not him: “would have been nice to have been given a time,” he says in an email to The Verge. Well, looks like Reddit pulled the plug a little early. Apollo started crashing, but I just manually…
Following the release of iOS 16.5.1 last week, Apple has now stopped signing iOS 16.5 and iPadOS 16.5. This means that iPhone and iPad users can no longer downgrade to this version of the operating system if they’re already running a newer version of iOS. more… The post Apple stops signing iOS 16.5, blocks downgrade from iOS 16.5.1 appeared first on 9to5Mac.
Apple today added the original 12-inch MacBook to its obsolete products list, meaning the laptop is no longer eligible for repairs or service at Apple Stores and Apple Authorized Service Providers. Introduced in March 2015, the 12-inch MacBook featured a thin and light design that weighed just two pounds. With prices starting at $1,299, the original model's standard specs including a 1.1GHz dual-core Intel Core M processor, integrated Intel HD 5300 graphics, 8GB of RAM, and a 256GB SSD. "Apple has reinvented the notebook with the new MacBook," said Apple's former marketing chief Phil Schiller in a March 2015 press release. "Every component of the MacBook reveals a new innovation. From its fanless design, ultra-thin Retina display and full-size keyboard…
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