BobbyGene

In the bigger picture, what is interesting to me is that APPL, already in a couple hours of trading, is up BIG. It is classic investment trading - today nobody has done anything! Not Apple, not Berkshire Hathaway, nobody. The only thing that happened was that traders found out what Berkshire Hathaway did while they were selling off their stock in APPL. 
But today, that makes more difference in the value of the stock than anything Tim Cooke will do in China. 
Amazing!

In 2006, Intel was closing down it's Centino WI-FI chip production here in Colorado Springs. The rumor was that they were going to convert the computer chip manufacturing to chips for these up and coming mobile devices. But, as the article says, "chief executive Paul Otellini overlooked the prospect of supplying chips for Apple's original iPhone as not worth doing." They already had a chip manufacturing plant, complete with clean rooms and trained staff available, and it wasn't worth doing. They sold the building a couple years later and is not used by the computer industry at all now.  With decision making like that, it's a wonder the company even exists today.