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Warren Buffett Says Bought Apple (AAPL) Shares at Much More Reasonable Levels; Positive on iPhone

May 8, 2017 6:21 AM EDT

On CNBC, Warren Buffett said he bought Apple (NASDAQ: AAPL) shares at 'much more reasonable' levels, would not comment on if he's continued to buy as shares have risen.

Buffett was positive on the iPhone, saying it's not very sensitive to price changes.

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