Warren Buffett praised Tim Cook for making Berkshire Hathaway billions with Apple

From Nasdaq: 2025-05-14 04:40:00

At Berkshire Hathaway’s annual shareholder meeting, Warren Buffett praised Apple CEO Tim Cook for making the company more money than he ever did. Buffett admired Cook’s leadership and innovation, crediting him for developing Apple’s success post-Steve Jobs.

Buffett’s investment in Apple under Cook’s leadership has been lucrative. With a cost basis of around $34 per share, Berkshire gained an estimated $97 billion from stock sales. Including unrealized gains and dividends, Apple has generated close to $155 billion for Berkshire.

Despite Cook’s success, Buffett’s leadership has been instrumental in creating nearly all of Berkshire’s current market cap of $1.1 trillion. While Cook and Apple have made Berkshire a lot of money, Buffett’s long-term impact on the company surpasses Cook’s contributions.

Looking ahead, with Buffett stepping down and Cook continuing to lead Apple, there is potential for Cook to further enhance Berkshire’s returns. Investors considering Apple should weigh the company’s future potential against the analyst-recommended top 10 stocks for even greater returns.



Read more at Nasdaq: Warren Buffett Said Apple CEO Tim Cook Has Made Berkshire Hathaway More Money Than He Has: Was He Right?