On Thursday evening, Buffett disclosed that Berkshire Hathaway added 75 million shares of Apple stock in the first quarter, which made Apple's share price hit a record high on Friday morning.
In a statement, Cooke stated: 'On a personal level, I have always admired Warren very much and I have been grateful for his insights and advice.'
Even according to Apple's lowest stock price in the first quarter, Berkshire Hathaway spent 75 billion U.S. dollars to buy 75 million shares of apple, and the company’s actual investment may be higher because In the first quarter, Apple's share price was less than 154 US dollars for only 1 day.
Buffett said: 'This is an incredible company.'
After increasing its shareholding in Apple, Berkshire Hathaway became Apple’s third largest shareholder, after the fund giant Vanguard and asset management company BlackRock.