Buffett says Apple is different — it is 'a better business than any we own'

Buffett first bought AAPL in '16 when it was ~$600B MC. In the 6 years since it has returned ~$500B (90% of MC) to shareholders via div/buybacks. Pretty dam impressive

Buffett clarified that Apple is not 35% of Berkshire's portfolio like a questioner suggested because that figure does not account for the non-publicly traded businesses owned by the conglomerate. But Buffett did speak glowingly about Apple, of which Berkshire owns nearly 6%.

"Our criteria for Apple was different than the other businesses we own —It just happens to be better business than any we own," Buffett said.