The interesting question is the one millionaire Warren Buffett left us with. one of the people who owns the most Apple shares in the world and that it has always been closely linked to the apple brand. It’s no secret that he’s a true Apple fan, and in a new interview he’s openly revealed his love for the company, CEO Tim Cook, and the iPhone.

CNBC was able to interview Warren Buffett and praised How well did Cook run Apple during his tenure as CEO?. But he also left a phrase for posterity and said: people wouldn’t give up their iPhone even for $10,000.

I think Tim Cook is one of the most gracious CEOs. He understands the business and basically has a product that Steve Jobs invented, but Tim Cook has run this company exceptionally.

Would you mind not buying another iPhone for $10,000?

Warren Buffett says you won’t give up an iPhone for $10,000

Part of the interview focused on the commitment to the all-important brand Apple has. They Users are very loyal and rarely leave the company after trying one of their products.. For this reason, he believes that if they were offered $10,000 in exchange for not being able to use an iPhone again, they would not accept it.

If you’re an Apple user and someone is offering you $10,000, but the only condition is that your iPhone is taken away and you never get another one again, you won’t get it. If they say they gave you $10,000 and you didn’t buy another Ford car, you take the $10,000 and buy a Chevy instead.

90% of iPhone users will buy iPhones again

there really is There are many people who wouldn’t give up their iPhone for that money.Maybe yes to another brand, but not to your iPhone. They might even give up a Mac or Apple Watch, but not the iPhone. And Apple deserves a lot of praise for evoking that feeling in users.

Buffett also explained Why does Berkshire Hathaway, the company he is CEO of, has so many Apple shares?and the answer is pretty simple.

Apple does a “great job” for users and investors alike. How can we develop such a business? And we have most of it. Our ownership is increasing a little every year as they buy back their shares. And Tim doesn’t make it, he buys it. And we love it.”

This Loyalty to the Apple brand has not stopped growing year by year And while Buffett’s words may sound a bit of an exaggeration, he is quite right at the heart of the matter. Apple has reached loyal users who do not leave the brand for any reason.