It is known the loyalty that many iPhone users profess to these devices and American billionaire Warren Buffett you know well I assure you that the fans of those smartphones will not leave them Even if they were paid.
Speaking to CNBC Buffett explained why he thinks Apple enjoys such strong user loyalty to the brand.saying that people wouldn’t give away their iPhone for $10,000.
“If you are an Apple user and someone offers you $10,000but the only condition is that they will take away your iPhone and You can never buy another, you won’t accept it. If they tell you that if you buy another Ford they will give you $10,000 so you don’t, you take $10,000 and buy a Chevy instead,” Buffett said.
And perhaps the billionaire is right, at least when it comes to iPhone loyalty, as a recent AddictiveTips survey found that iPhone owners are more brand loyal than Android users. In addition, it was found that, on average, iPhone users spend more days per year looking at the screen of their “smartphone” than Android users.
The survey carried out showed that iPhone users (94%) are more likely than Android users (80%) to remain loyal to their phone.or. And that, on average, iPhone users spend more than 15 days a year looking at their smartphone screen than Android users.
Buffet praises Tim Cook
Warren Buffett and his company Berkshire Hathaway are big fans of Apple., and last month the conglomerate revealed that it had further increased its already massive stake in Apple stock. In a new interview, Buffett once again sang the praises of Apple, CEO Tim Cook, and iPhone loyalty.
Buffett has praised how well Cook has led Apple during his tenure as CEO. “Tim Cook is one of the best leaders and he understands the business”Buffett said. “Tim Cook ran this company in an extraordinary way.”
Buffett went on to explain that when asked why Berkshire Hathaway owns so many shares in AAPL, It all boils down to Apple being a “wonderful business” for users and investors alike.. “How the hell could we develop such a business? And that is why we have a lot of them,” he said. “And our property increases a little every year because they buy back their shares. And Tim does not release them, he buys them. And we love it.”
Source: La Opinion
Ashley Fitzgerald is an accomplished journalist in the field of technology. She currently works as a writer at 24 news breaker. With a deep understanding of the latest technology developments, Ashley’s writing provides readers with insightful analysis and unique perspectives on the industry.