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Billionaire Explains Why ‘Zillions of Friends’ Will Give Their Right Arms for Apple iPhone

Apple is easily one of the most easily recognizable brands in the world. The company has been gaining momentum since the launch of the very first iPhone. Berkshire Hathaway Vice Chairman Charlie Munger has revealed why the company is so popular. Apple is also Hathaway’s largest equity holding company. Also read – Scan a document and turn it into a PDF file on iPhone without using any third-party app

Charlie Munger, in a interview with Yahoo Finance, shared his thoughts on the American smartphone maker. He claimed that Apple iPhone buyers love their smartphones so much that they agree to sacrifice their arm before parting with the device. During the interview, he also explained why Apple is as successful as it is. Also read – How to unlock your iPhone with a face mask

Munger said, “I judge the strength of the company based on how much the customers love it, [and] I have countless friends who would almost part their right arm before parting with their iPhone. That’s a very powerful position to be in.” Also read – Apple adds iPhone 6 Plus to ‘Vintage Product’ list

He further explained that Apple is in this position because of the company’s management. He said, “I think it’s wickedly well run.”

Apple has managed to continue climbing the sales ladder, despite the pandemic and the ensuing semiconductor crisis. Apple seems to have an interesting line-up of devices planned for this year.

Apple’s plans for 2022 and the future

The company will hold the spring event where they can launch the new 5G-enabled iPhone SE. Along with the new iPhone SE, Apple may also launch the new iPad Air 5 and three new Macs at the March event. The details and the launch event are yet to be confirmed by the company.

After the introduction of Apple Watch in 2015, Apple has not entered any new product segment. But that could change this year. The company is expected to launch a new virtual reality/augmented reality headset in 2022.

The company is also optimistic about the electric vehicle segment. Numerous reports have pointed to a new electric car from Apple. However, the unveiling may not happen before 2025. The company has hired some of the top automotive talents to realize the Apple Car dream.

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