Warren Buffett: If you’re tracking Apple’s iPhone sales you’re doing it wrong (AAPL, BRK-A)

• Warren Buffett said on Thursday that Berkshire Hathaway bought 75 million shares of Apple in the first quarter.
• That's in addition to his year-end holdings of 165 million shares. His Apple stake is worth nearly 44 billion at the current price.
• He makes a convincing bull case for Apple. 

Warren Buffett is a huge Apple shareholder. Plus, he's adding 75 million shares to Berkshire Hathaway's already substantial holdings of 165 million shares, he said on Tuesday. 

But for Apple investors and observers, his justification for buying so much Apple stock may be more interesting than his big purchase.See the rest of the story at Business Insider

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See Also:

• Warren Buffett's Berkshire Hathaway goes even bigger on Apple, buying 75 million more shares in Q1
• Tim Cook says Apple's iPhone X sales were a Super Bowl victory — even if you wanted the team to win by 'a few more points'
• Apple deleted a revealing job listing that hints at plans to cut Qualcomm and Intel chips from future phones

SEE ALSO: 7 things you might have missed in Apple's blockbuster earnings report this week