Cook appeared in a recent interview with Chinese television, he said that Apple plans to invest in China.
Apple CEO Tim Cook flags in an interview with state Chinese television for the technology giant will increase the their investments in China.
Apple chief also stated that it will set up a research and development center at the end of the year, reports the news service Live Squawk on Twitter .
at the same time today came news that financier Warren Buffett buys on more Apple shares. Buffett’s investment company Berkshire Hathaway owned 30 June 15,200,000 shares in Apple, compared with 9.8 million shares on 31 March. This means that Berkshire increased its stake in Apple by 55 percent in the second quarter. That document shows 13F which is now submitted to the SEC.
Berkshire has reduced its positions in Wal-Mart stores by 27 percent, in Suncor Energy with 26 percent and Deere by 5.7 percent, while the position of the Phillips 66 rose 4, 3 percent.
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