
2018-Afternoon Session-BRK Annual Shareholders Meeting
Berkshire Hathaway Annual Shareholder Meetings (since 1994)
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Apple Repurchasing Shares?
From our standpoint, we would love to see Apple go down in price. They're not going to find 50 or 100 billion dollar acquisitions that they can make it remotely a sensible price. If Andrew offered to sell out his one-third interest at 800,000 and we had the money around, we'd jump at the chance to buy them out. I mean it's so simple. But people get all lost and if he wanted a million to afford, we wouldn't pay it to him. It's very simple math. So we very much approve of them repurchasing shares.
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