Starmax160
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Berkshire Hathaway unloaded more than half of its Apple stock last quarter
Warren Buffett may be one of the greatest investors of all time, but he's also made his share of bad moves over the decades. At one time, for example, Berkshire Hathaway had a huge stake in McDonald's, but Warren dumped it all in 1998. Since then, McDonald's has outperformed him, returning 2031% while Berkshire Hathaway has returned 1300%.
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Apple has most loyal smartphone customers in US, study finds
ironsword said:I suppose you could call it loyalty but at the same time you don't really have a choice if all your apps are apple - you're locked into the iOS ecosystem. If you're on android, you have an actual choice of choosing which manufacturer you want to use without sacrificing all those apps you've already bought...
The switch is somewhat analogous to the PC world. It's no big deal to switch between a Dell and a Lenovo or whatever, but a Mac is a different story.
Aside from the aforementioned inconveniences, another factor is that among the very young crowd, I'd imagine that iPhone loyalty is close to 100%. The teens in my family tell me that it's considered uncool to use Android. It is preferable in their circles to be using an older or low-end iPhone rather than a top of the line Android device.