Apple Not A Buy Says Buffett

Warren Buffet, speaking at the annual conference of Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B) in Omaha Nebraska, has said he does not consider Apple Inc. (NASDAQ:AAPL) a buy for his company. He added that Google Inc. (NASDAQ:GOOG) was in the same boat in his estimation. As Buffett still accounts for much of the purchases made at the firm it is not too likely that position will change any time soon, at least as long as Buffett remains at the head of the company. The statements were reported by Reuters earlier today.

Despite his antipathy toward Apple, surely the world's most successful technology company,...