Apple is a great organization: Bill Gates

Speaking at the CNBC's 'Chook Box' program on Monday, Gates said that the best-known technology company in terms of profit is Apple.

On this occasion, a discussion was organized at the annual meeting of Buffett's Berkshire Hathaway on Saturday in Omaha. Here Gates said, "Apple is a great organization. From the profits, the top technology companies now have strong positions, but Apple has the majority of profits. "

Gates's longtime friend and Berkshire Hathaway chief Buffett said on Friday that his company bought seven billion shares of Apple's first three months of the current year. By the end of 2017, Apple had 166 million shares in the company's hands. Apparently, Apple's total share of Apple's share in this account is about five percent.

Gates said, "I think Warren used great thought here. This is not a speculative technology that is still damaged in money or something else. "

Berkshire Hathaway, a Buffett company, started buying Apple shares since 2016. By the end of 2017, Apple Berkshire's total share price was 28 billion US dollars. Since the beginning of the year, the share price of the US technology giant has increased eight percent. The current shareholding of Berkshire is currently worth 44 billion US dollars.

After the announcement of an additional share of Apple shares in Berkshire last week, a jump increased four percent, the share price of the iPhone manufacturer. On Monday, the stock price has increased slightly.

Microsoft co-founder took part in CNBC interview with Buffett and Gates's longtime investor partner and vice chairman Charlie Munger. They discussed various issues in front of millions of customers around the world.