A weekend visit to China by Apple (NASDAQ:AAPL) CEO Tim Cook is sparking some investor discussion, especially following his comments at the high-profile China Development Forum, which is hosted by a research center of the State Council.
“Apple and China… grew together and so this has been a symbiotic kind of relationship that we have both enjoyed. I am thrilled to be back in China. It means the world to me and I feel really privileged to be here.”
Only several days ago, TikTok was grilled over its relationship to China, while Apple (AAPL) has been reportedly looking to diversify its assembly operations, with an estimated 95% of total iPhone supply still coming from the country.
Hardware tech may also be a reason for Warren Buffett to love Apple (AAPL), but one analyst dives deeper into another answer to why AAPL is Berkshire Hathaway’s largest position by far despite historically eschewing technology stocks.