Warren Buffett finally ditches his flip phone for an iPhone (2024)

FAQs

Warren Buffett finally ditches his flip phone for an iPhone? ›

Buffett only upgraded to an iPhone four years ago after previously using a $20 flip phone. Buffett told CNBC's Becky Quick in February 2020 that he uses his iPhone "as a phone" and doesn't use "all its facilities like most people."

Warren Buffett Ditched His Flip Phone for an iPhone in 2020 and Drinks 5 Cans of co*ke a Day — That's What Makes Him One of the Greatest Investors of All Time.

Buffett bought into the company in 2020 – Berkshire bought 146.7 million shares of Verizon Communications Inc. (NYSE:VZ), valued at about $8.6 billion at the end of 2020. However, they started shedding the shares in early 2022 and finally exited in Q2 2022.

Warren Buffett currently uses an iPhone 11 as his device of choice after years of being sent free ones by Tim Cook. Warren Buffett still had a flip phone in 2008 when he received calls asking him to help bail out the banking system. He kept that same type of phone for the next 12 years until it was well-worn.

As the niche fills with Android folding phones, Apple still hasn't introduced its own foldable, despite evidence mounting for years that the company is seemingly tinkering with not just a folding device but a name: the iPhone Flip.

Tech billionaire Elon Musk has announced that he is buying a new iPhone 15 model for himself because he finds the camera 'incredible'. This comes after Apple CEO Tim Cook shared pictures with photographers Stephen Wilkes and Reuben Wu on X, formerly known as Twitter.

Many phone manufacturers have shifted their focus to developing and marketing smartphones with touchscreens and advanced features. As a result, the production and availability of traditional flip phones have declined. However, it's essential to note that flip phones are not entirely discontinued.

According to the latest TipRanks data, approximately 33.26% of Verizon (VZ) stock is held by institutional investors. According to the latest TipRanks data, approximately 50.53% of Verizon (VZ) stock is held by retail investors. Vanguard owns the most shares of Verizon (VZ).

Verizon Consumer

In first-quarter 2024, Consumer reported 158,000 wireless retail postpaid phone net losses, representing an improvement of 105,000 from first-quarter 2023 net losses of 263,000, driven by improvements in both gross adds and churn.

AT&T purchased the Verizon assets for about $2.35 billion in cash. All in all, AT&T said it plans to invest between $18 billion and $19 billion this year, assuming a favorable regulatory environment, in its wireless networks and wireline backhaul.

What phone does Bill Gates have? ›

Bill Gates said he uses a Samsung Galaxy Z Fold4 during an Ask Me Anything on Reddit. He said the chairman of Samsung gave him his phone when he went to South Korea to update his Fold 3. Gates previously said he uses an Android because he wants "to keep track of everything."

Buffett, who's driven a Cadillac for decades, only decided to replace his 2006 model after Barra visited him in his hometown of Omaha in May 2014. The investor's Berkshire Hathaway had invested in GM in 2012.

Warren Buffett reportedly has an IQ of over 150 (anything past 140 is considered a genius), and while it has, no doubt, helped him become one of the world's richest men, the lesson here is to value emotional intelligence (EQ) just as highly.

According to The Information, Apple has no plans to launch a foldable ‌iPhone‌ until at least 2026, but it could come even later.

If you want the most affordable iPhone, you're going to be looking at the iPhone SE (at least when it comes to brand-new phones, that is). Updated in 2022, the third-generation iPhone SE maintains the overall design of the iPhone 8, which will be familiar to a lot of iPhone buyers.

Foldable iPhone: Pricing — what to expect

With an upcoming iPhone already rumored to cost beyond $999 in 2024, a folding iPhone nano / Ultra could go even further at $1,499 to be the 'high-end' model for the line.

Bill Gates said he uses a Samsung Galaxy Z Fold4 during an Ask Me Anything on Reddit. He said the chairman of Samsung gave him his phone when he went to South Korea to update his Fold 3.

Flip phones were everywhere in the early 2000s, and they're coming back in a big way thanks to companies like Samsung, Motorola and Oppo. Modern flip phones have been around for a few years, but they leaped forward in 2024.

Unfortunately for Motorola, the Razr costs $1,500 and it is 2020 — a year in which you can buy a Pixel 3A for $399 (or less on discount) with a camera that absolutely smokes the Razr.