Berkshire Hathaway praises Apple's strategy in new interview

Of the most capitalized companies on the planet, only one has been able to reach the significant milestone of three trillion dollars in capitalization on the Wall Street stock exchange: Apple. The reasons for its success are numerous, so much so that the co-director of Berkshire HathawayCharlie Mungerchose to return to these factors during an interview given toYahoo! Finance.

For the shareholder, these statements also represent a certain interest given that the AAPL securities represent its most important investment. According to the latest news, the group has more than5%from the iPhone manufacturer. Much more than Tim Cook for example, current CEO of the manufacturer since Steve Jobs left this position.

High-level management

For Munger and partner of Warren Buffett, Apple is one of the strongest companies, and should remain so in the years to come. Speaking with journalist Andy Serwer, the American adds that this quality stems from an administration that is almost “indecent” as its results are effective. It must be said that during the last fiscal quarter alone,the Apple generated no less than 123.9 billion dollars, or the equivalent of nearly 114 billion euros at the current exchange rate.

Another net benefit according to Munger: the number ofloyal customersin Cupertino, a key metric particularly optimized by the Continuity effort between the different devices constituting the firm's ecosystem. We can cite the use of the Messages application, which encourages people to choose Macs or iPads when it comes to equipping themselves with large screens.What the competition does not particularly appreciate.

Strong expectations in spring

Remember, however, that although the most recent turnover communicated by Apple is indeed a record, there is little chance that the period spanning from January to March will reproduce the same pattern. And for good reason; this time no Black Friday or Christmas holidays. The AAPL share price on the NASDAQ has still not returned to its form at the start of the year.

By April however should be releasedthe third generation iPhone SE, which promises to be a real success on a global scale with a price perhaps under 400 euros.