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Mac OS Ken

Mac OS Ken: 05.17.2016

Mac OS Ken

Ken Ray

Technology

4.7995 Ratings

🗓️ 17 May 2016

⏱️ 15 minutes

🧾️ Download transcript

Summary

- Berkshire Hathaway Buys 9.81 Million Shares of Apple - Omega Advisors Buys 227k Shares of Apple - Morgan Stanley Sees Mid-Term and Long-Term Benefits to Apple’s Didi Play - Cook Talks Didi Deals and Entrepreneurs in China - Apple Highlights Chinese Features in GarageBand Update - Cook Jams with JJ Lin on GarageBand Update - Apple Updates iOS to v9.3.2 - Apple Releases OS X 10.11.5 - Apple Releases iTunes 12.4 - Apple Releases watchOS 2.2.1 - Apple Releases tvOS 9.2.1 - Security Patches Aplenty in Monday Updates - Rumor Has Tim Cook in India This Week - New Flagship Apple Store to Open in SF This Weekend - Have you subscribed to EYE Chart Radio Yet? You should! ! - Power Mac OS Ken through Patreon at ! - Send me an email: or call (716)780-4080!

Transcript

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0:00.0

This is MacO-S Ken.

0:07.0

This is MacO-S Ken.

0:12.0

Billionaires buy-in, Apple, schmous China, and a raft of software updates. It's Tuesday, the 17th of May 2016, I'm Ken Ray and this is news from MacoS Ken.

0:26.0

Brought to you by yours truly and supported by people like you,

0:30.0

patrons through Patreon.

0:32.0

Find out more and add your support at Patreon.com slash MacoS can.

0:39.0

For Apple it seems billionaires are like buses.

0:43.8

There will be another along.

0:47.1

Last month, Carl I, Con sold his shares in the Cupertino company.

0:50.6

Last week, David Tepper got out of Apple. Now the Oracle of Omaha has swooped in and

0:56.0

picked up a lot of what other billionaires have dropped.

0:59.5

Baron says Warren Buffett's Berkshire Hathaway was the owner of 9.81 million shares of

1:05.0

Apple as of the end of March. That put the value of Berkshire's holdings at 1.07

1:10.4

billion dollars, though Apple was trading much higher than. $9.0.0.0.0.0.0.0.

1:15.0

At yesterday's closing price, just shy of $94,

1:19.0

Berkshire's Apple shares are worth just under 921 million.

1:24.0

Another hedge fund has taken a sizable stake in Apple,

1:27.0

though not as sizable as Buffett.

1:29.0

Fortune says Leon Cooperman, CEO of Omega Advisors, has moved his firm into the Cupertino Company as well.

1:37.0

Quoting the report, Omega Advisors purchased a $227,000 stake in the Tech Giant worth $24.7 million as of the end of the first quarter,

1:47.6

according to regulatory filings with the Securities and Exchange Commission on Monday.

1:51.8

Assuming Omega hasn't sold, the value of

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