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Tags: warren buffett | berkshire hathaway | apple | iphone

Report: Apple Investor Buffett Uses Vintage Flip Phone

warren buffett smiles during a rare red carpet stop
Warren Buffett (Charles Sykes/AP)

By    |   Thursday, 28 March 2019 07:19 PM EDT

His multinational holding company owns a chunk of Apple, but Berkshire Hathaway's billionaire founder Warren Buffett still uses a $20 flip phone.

The Oracle of Omaha showed off his vintage technology Thursday during a talk at The Gatehouse's Hands Up for Success luncheon, CNBC reported.

"Here's my phone, incidentally. Alexander Graham Bell lent it to me, and I forgot to return it," Buffett joked about his Samsung SCH-U320, which sells for between $20-$30 on Ebay, the news outlet reported.

Although Apple is Berkshire's largest investment — it holds 5.5 percent of the tech company — Buffett does not have hands-on experience with its product line, and has yet to set up an iPhone X, CNBC reported.

He does use an iPad to poke around for stock prices and research, the news outlet reported.

"A fellow sent me a '10' the other day, but I'm not using it yet," Buffett said, CNBC reported. 

"Very nice fellow. He even explained it. I think he pretended he was writing to a 3-year-old child. He wrote me this very nice letter and explained what to do with it — how it wouldn't bite me or anything like that. I'm kind of screwing up my courage here and one of these days, I'll move."

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Berkshire Hathaway's billionaire founder Warren Buffett still uses a $20 flip phone, despite his multinational holding company owning a chunk of Apple.
warren buffett, berkshire hathaway, apple, iphone
206
2019-19-28
Thursday, 28 March 2019 07:19 PM
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