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Why is Warren Buffett Still using a Flip Phone although he Holds Tons of Apple Stock

You don’t become one of the top five wealthiest men in the world without having your finger on the pulse. Known for being the “Oracle of Omaha,” Warren Buffett has made his fortune by being able to read the signs and buy and sell stock accordingly.

In an interview with CNBC, Buffett talked about why he is such a fan of Apple, which is number two on the list of companies that Berkshire Hathaway has the most stock in (the top one is Wells Fargo).

"Apple has an extraordinary consumer franchise," Buffett explained. "I see how strong that ecosystem is. … You are very, very, very locked in, at least psychologically and mentally, to the product you are using. [IPhone] is a very sticky product."

But apparently not sticky enough to tempt Buffett away from his long standing use of his Nokia flip phone. It seems that even someone as attuned to the future as the 87-year-old CEO remains somewhat stuck in his ways -- not even Apple CEO Tim Cook can convince him otherwise.

"Tim Cook asked me that,” Buffett told CNBC. “Well the answer is just I'm out of touch. But I tell Tim, as long as I haven't gotten one the market is not saturated. The day I buy one, there is probably nobody left after that.

Wonderful Reasons Why Apple Juice is very Good for Your health fitness

Apples are considered among the healthiest fruits in the world with many benefits, along with the leaves that are useful for diabetics. There are many varieties of the fruit, including red delicious, golden delicious, honeycrisp, and granny smith. But no matter the type, they are all equally beneficial to our health. You can consume apples in different ways, such as eating them raw, adding them to your salads, or as juice.

Drinking apple juice daily can give you the following health benefits:

1. Heart Health

The fruit is an excellent source of antioxidants, namely flavonoids and polyphenols – which are beneficial for the heart. A serving of apple juice daily can help the heart function properly.

2. Very Nutritious

Both apples and their juice contain crucial nutrients, including phytochemicals that can help improve immunity and anti-inflammatory response of the body. Phytochemicals are plant compounds that help the fruit protect themselves. When consumed by humans, they provide protection as well, particularly against chronic diseases.

3. Liver Health

Aside from the heart, apple juice is also useful in protecting the liver. The juice is alkaline and is useful in removing waste and toxins in the body.

4. Anti-Alzheimer’s

For those who are at risk of Alzheimer’s disease, apple juice is a great drink to indulge in. According to a study by the University of Massachusetts, they discovered that mice that drank two glasses of the juice daily for 30 days showed a decreased signal of developing the brain disease.

5. Anti-Cancer

Apples and apple juice can help reduce the risk of skin cancer, as well as breast and colon cancers, according to a research by the German Cancer Research Center.

6. Reduced Asthma Symptoms

The National Heart, Lung, and Blood Institute discovered that drinking apple juice daily can help decrease frequency of wheezing in children.

Instead of drinking soda, apple juice is a much better alternative, especially if you’re craving for something sweet. The juice is rich in vitamin C and many other antioxidants that promote good health. Grabbing a fresh apple and juicing it at home is definitely more recommended by health experts and enthusiasts over buying store bought juice.

The pulp is rich in fiber and antioxidants; plus, it’s better if you keep the peel intact. According to the Medical University of Warsaw researchers as well as the researchers from the Agricultural University of Wroclaw, cloudy apple juice is better than the clear version. Cloudy juice has more polyphenols, which mean better disease fighting capability.

Apple Collaborates with Malala Fund to educate more than 100,000 girls Globally

Apple will become the Malala Fund’s first Laureate partner in a major push to support the education of girls globally, the tech company announced Monday.

Founded and led by Nobel Peace Prize Laureate Malala Yousafzai, the Fund advocates for every girl having 12 years of free, safe and quality education. Twenty-year-old Yousafzai was shot in the head by a masked Taliban gunman in 2012 and has made it her life’s work to advocate for girls’ education and equality.

With Apple’s support, the Malala Fund will be able to double the number of grants awarded by its Gulmakai Network and extend funding programs to India and Latin America, with a goal of extending secondary education opportunities to more than 100,000 girls.

Girls outside a refugee school in Lebanon, built by Malala Fund. (Karen Kasmauski)

“My dream is for every girl to choose her own future,” Malala Yousafzai said in a statement. “Through both their innovations and philanthropy, Apple has helped educate and empower people around the world. I am grateful that Apple knows the value of investing in girls and is joining Malala Fund in the fight to ensure all girls can learn and lead without fear.”

It is well documented that educating girls improves the lives and well-being of them and their families—lifting them out of poverty, leading to healthier communities and promoting empowerment.

Currently, approximately 130 million girls are out of school, according to the Fund, many of them because they live in war-torn areas. Since 2013, the group has worked in partnership with the private sector, governments and other organizations to realize its goal of making education a human right for girls.

Apple did not specify how much it will be donating to the Fund, but CEO Tim Cook will reportedly be joining its leadership council.

“We believe that education is a great equalizing force, and we share Malala Fund’s commitment to give every girl an opportunity to go to school,” said Cook in a press release. “Malala is a courageous advocate for equality. She’s one of the most inspiring figures of our time, and we are honored to help her extend the important work she is doing to empower girls around the world.”

Apple Caves in to Angry Customers, Slashes Price on iPhone Slowdown Fix

Apple has finally recognized that it will have to do more to calm customers’ ire after admitting to, and then apologizing for slowing down their old iPhones. In a letter my mother would have said was “passive aggressive” and “not really apologetic at all” had I written it, Apple wrote: “We know that some of you feel Apple has let you down. We apologize.” To that end, the company has slashed the price of battery replacements for iPhone 6, 6s, and 7 devices from $80 to $30.

The letter, which comes eight days after Apple confirmed rumors it was slowing down phones with aging batteries, possessed a frustrated tone, and if you know anything about how batteries age you might be just as frustrated as Apple sounds. That’s because by all accounts, Apple slowed down older iPhones in an effort to prevent an even more frustrating problem—the unexpected shutdown of phones.

In iOS 10.2 and earlier, iPhones had an obnoxious issue. As the batteries in these devices aged (and there’s really no way to prevent a battery in a phone from aging), the operating time naturally shortened, but in periods of “peak load” the phone would shut down, often unexpectedly, and even when the battery appeared to have have 40 percent of more of its life left—I know because my iPhone 6 was affected by the issue.

It was deeply frustrating, and after spending three months with a battery pack strapped to my phone because otherwise I couldn’t trust it to actually be on when I needed it to be on, I went out and picked up a battery replacement kit from iFixit for $30.

But had I been one of those people who regularly updated my iPhone 6, I would have updated to iOS 10.2.1, which included a quiet fix for the shutdown problem. Instead of the phone mysteriously going caput at a moment’s notice, the phone’s operating system would instead throttle the processor and keep the phone alive. So you’d be able to make calls—but gaming, browsing, and everything else would move at a slower pace.

This is where Apple screwed up. Instead of displaying a pop-up that said something like, “Your phone is going into Ultra Low Power Mode, please service your battery at your earliest convenience,” the software just did its business and left many users feeling frustrated. Now only was their phone not lasting as long (the batteries were still bad and had shorter than expected lifespans), but their phone was slow as heck, too.

As Geekbench noted when it analyzed the data it had secured from it’s own users, the slowdown became even more pronounced in iOS 11.2, sparking rumors that Apple was purposely slowing down older phones to force people to upgrade. The rumor had so much weight behind it that Halte à l’Obsolescence Programmée, a French consumer advocacy group, filed a suit yesterday in France under a 2015 law that forbids companies from purposely making older technology obsolete, and last week two separate class actions were filed here in the US.

That might be difficult to prove as Apple is correct: Old batteries do lose their ability to maintain a charge, and thanks to the mad dash to make phones water resistant, most phones no longer allow for the battery to be easily replaced. Yet, as HTC and Motorola told the Verge today, neither throttling or unexpected shutdowns are the typical intended behavior for phones with aging batteries, either. Apple’s response to older batteries on the iPhone 6, 6s, and 7 has been a departure both for the company and the phone community as a whole.

But dropping the price on battery replacements is a nice step in a better direction (and one I can only hope becomes standard for Apple and all other phone makers). While an iPhone battery can be procured online for $15, a kit, including all the necessary tools, starts at $25 on iFixit and goes up to $50 for an iPhone 7 Plus. And the repair itself can be dangerous or destructive if you don’t know what you’re doing. Paying $30 to have someone else do the entire repair is a steal for most people.

In addition to the cut in cost of battery replacement for the affected phones, Apple has also promised an update to iOS:

Early in 2018, we will issue an iOS software update with new features that give users more visibility into the health of their iPhone’s battery, so they can see for themselves if its condition is affecting performance.

It’s unclear what this update will look like. It could be as simple as an app (there are plenty of those available currently), or it could even be a notification that lets you know when its time to consider a battery replacement.

Either way, as phones become more costly and consumers grow more reluctant to upgrade every year or two, we are likely to see more stories like this—phones giving up the ghost far soon than you’d expect given their price tags.

[Apple]

This Is How Rich You Would've Been Had You Invested In Apple Instead of Having a Child

In the off chance you want to know how rich you'd be if you'd invested in Apple instead of raising a child, you can.

WhatIfIBoughtAppleInstead is a website that invites parents to enter their child's birth month, their family income, and whether they paid for their child's college education. The site then calculates how much money they would have made if they had invested all that cash in Apple instead.

"Have you ever wondered how different your financial situation would have been if you'd invested in Apple stock instead of having a child?" the site asks. "Well even if you haven't, now you can find out."

Apple's shares have soared in recent years, due in no small part to the success of the iPod, followed by the iPhone. Apple is now one of the biggest companies in the world in terms of market capitalization, and is currently valued at nearly $600 billion—a far cry from when it was just a startup in a garage.

The calculation by WhatIfIBoughtAppleInstead involves several assumptions. For one, it estimates the monthly cost of raising a child from data obtained from the U.S. Department of Labor. It also estimates the cost of raising a child to 18 based on income level, and adjusts Apple's share price based on stock splits and dividends.

The value of the investment is based on Apple's latest closing price.

There's one major limitation: Apple didn't go public until Dec. 1980, and the calculator, reported on Tuesday by Apple-tracking site 9to5Mac, only extends as far back as 1981. So, if your child was born before 1980, it would be impossible to determine how rich you'd be.

There's also no way to calculate an investment return on any shares sold before the latest trading day.

But if anything is for certain, it's that investing in Apple over the long haul would've been provided huge returns. Sure, Apple had some difficult years in the 1990s, and many people got out of the stock at that point. Also, over the past few years, its share price has fluctuated within a narrow band. But any early investment would've paid off in a big way.

For instance, if parents with nearly $111,000 in gross family income who paid an average of $50,000 annually for four years of private college for a child born in January 1981 had invested in Apple stock, they would now own more than $48 million in Apple shares. That figure drops to $34.3 million for middle-income families that earn between $64,000 and $110,000 in total income.

Technology Kills Man as He Uses His iPhone in His Bath

A man has died after dropping his iPhone in the bath while it was charging.

Richard Bull, 32, was in the bath, resting his phone, which was charging via an extension cord in the hallway, on his chest in December last year.

When the water touched his phone, he was electrocuted to death. He suffered acute burns on his chest, arm and hand. His wife Tanya found him in the bath, and thought he had been attacked he was so badly injured. She phoned for an ambulance, but unfortunately he was already dead by the time the paramedics arrived.

Credit: Facebook

Richard was getting ready to meet his family and exchange Christmas gifts when he was electrocuted. Such a horrific tragedy.

While people know to keep hairdryers away from the bath, people might not think that something as small as a mobile phone could potentially electrocute you if it comes in contact with water.

His brother Andrews said: "We can all be careless at times. You don't think there is enough electricity to do this, but there is."

"It was such a needless and tragic accident."

His mum Carole commented: " I worry so many people, and especially teenagers who can't be separated from their phones, don't know how dangerous it is."

Assistant coroner Dr Sean Cummings is writing a report to send to Apple about how dangerous iPhones can be if they come into contact with water - if they're connected to a charger.

It's pretty unlikely that you would get electrocuted from a laptop or mobile phone if it was not being charged because the voltage is low - but you should still not take it into the bath with you.

But if the phone, laptop or tablet is connected to a charger plugged into the mains electricity supply, there is a huge increase in the risk of being electrocuted.

Donald Trump is Avoiding Conflict of Interest By Selling All His Stocks Including Apple and Google

Amid concerns that the president-elect’s holdings are a conflict of interest.

Donald Trump has ditched his stakes in Apple, Google, J.P. Morgan Chase, Nike, and Microsoft, a spokesperson for the president-elect said Tuesday.

The investment moves, which included selling shares of not only those companies, but all of his public traded shares, appear to be part of the president-elect’s effort to remove some of the many conflicts of interest Trump will have to tackle as president.

Trump transition spokesperson Jason Miller told reporters that the real estate mogul made the stock sales in June. The disclosure came on a call with reporters after one asked about Trump’s stake in Boeing—a company that Trump criticized on Twitter Tuesday.

Critics have argued that Trump’s stock holdings could be a conflict of interest for the president-elect after he steps in to the White House on Jan. 20. The president-elect held an interest in several financial institutions including Goldman Sachs and J.P. Morgan, as well as energy companies such as Halliburton and ExxonMobil. Those holdings have worried onlookers, who say that it could skew the president-elect’s stance of Wall Street regulation and climate change. Trump had already gotten criticism for owning a stake in Energy Transfer Partners, the company trying to develop the Dakota Access Pipeline.

It’s unclear when exactly Trump sold out of those holdings, though the S&P 500 was up roughly 2% at the beginning of June, before falling following the U.K.’s vote to leave the European Union on June 24.

Granted, Trump had a relatively small fraction of his overall wealth in the stock market, according to May filings with the Federal Election Commission. Roughly $40 million of his estimated $4 billion net worth was invested in the stock market, many of which were large-cap, value stocks, which generally do better than others when the market drops. But it also means that he hasn’t benefitted from the so-called Trump Bump. The stock market is up over 3% since Trump was elected president.

The bulk of Trump’s wealth is still tied up in his real estate development company, which will continue to create conflicts for the president-elect, and be an issue for critics.

Here were Trump’s 14 biggest stock holdings, according to the May filing, including shares of companies that Trump criticized on the campaign trail. (Campaign finance disclosure laws only require candidates give a range of value for their investments.)

14. Alphabet: $100,000 to $200,000

13. Caterpillar: $100,000 to $200,000

12. Phillips 66: $100,000 to $200,000

11. Celgene: $100,000 to $250,000

10. Gilead Sciences: $100,000 to $250,000

9. Visa: $100,000 to $251,000

8. General Electric: $100,000 to $250,000

7. Johnson and Johnson: $100,000 to $250,000

6. Nike: $100,000 to $250,000

5. McKesson: $100,000 to $250,000

4. J.P. Morgan Chase: $100,000 to $251,000

3. PepsiCo: $150,000 to $350,000

2. Microsoft: $300,000 to $600,000

1. Apple: $600,000 to $1.251 million

Trump is also expected to discuss his business holdings, as well as plans for the Trump Organization, at a Dec. 15 news conference. Trump has said he plans to turn over operations of his company to his adult children, though he has not given details on that transition.

CHINA WARNS BUSINESS COULD BE BAD FOR iPHONES IF TRUMP SHOULD GO AHEAD WITH TRADE WAR

Sales of iPhones in China could be impacted if President-elect Donald Trump initiates a trade war with China, a Chinese state-run publication is warning.

The publication, the Global Times, also warned that the country could start buying Airbus aircraft instead of Boeing, and that in addition to iPhone sales, American car sales in China will “suffer a setback.” It added that “U.S. soybean and maize imports will be halted.”

Donald Trump has said that he will declare China a “currency manipulator,” and Judy Shelton, an economic advisor to Trump, said on Friday to Bloomberg that she thought he’d follow through on the issue. “I think that he’s someone who is going to carry through on what he has said— he’s always very straightforward and honest, and I expect him to be consistent,” she said.

The Global Times also cautioned: “If he does list China as a currency manipulator and slap steep tariffs on Chinese imports, China will take countermeasures.”

It added that such a move would make the US-Sino trade relationship “more tense” and that in response to a trade tariff of 45 percent on Chinese imports in the U.S., China would take a “tit-for-tat approach” that could affect iPhone sales in that country.

According to Apple’s latest financial results, Greater China is the company’s third-largest market, measured by revenue, although sales there have fallen around 30 percent year-over-year in the past two quarters.

Report Says Apple Mull Is Moving The Production of iPhone To The US

Could Apple start making iPhones in the United States? According to a report from the Nikkei Asian Review, the Cupertino-based company requested that Foxconn and the other iPhone manufacturer explore moving their smartphone production stateside.

"Apple asked both Foxconn and Pegatron, the two iPhone assemblers, in June to look into making iPhones in the U.S.," a source told Nikkei. "Foxconn complied, while Pegatron declined to formulate such a plan due to cost concerns."

But the change wouldn’t come cheaply, according to the report.

"Making iPhones in the U.S. means the cost will more than double," Nikkei’s source said.

President-elect Donald Trump has said that he wants Apple to move manufacturing to the United States, and he has also called China a “currency manipulator” and said he would impose tough trade tariffs on their exports. A Chinese publication, the Global Times, recently warned that a trade war between the two countries would, among other things, harm iPhone sales in China.

“US auto and iPhone sales in China will suffer a setback, and US soybean and maize imports will be halted,” should there be a 45 percent tariff on Chinese exports to America, the Global Times said. “China can also limit the number of Chinese students studying in the US.”

Apple declined to comment on the Nikkei story.

“Apple is responsible for creating more than 2 million jobs across the United States, from engineers, retail and call center employees to operations and delivery drivers," an Apple spokesman said in an email to Foxnews.com. "We work with over 8,000 suppliers from coast to coast and are investing heavily in American jobs and innovation.”

Apple Music Festival Videos: Britney Spear Returns To London After 5 Years Performing Wondrously

Britney Spears made her return to London after five long years and it was one special night!

The “Piece of Me” singer went across the pond to perform at the Apple Music Festival, according to E! News.

"The energy tonight was INCREDIBLE!!!" Britney shared on Instagram. "@AppleMusic thank you so much for having me #AMF10 #AMFBritney."

Tuesday night’s performance featured a few surprises including some new looks on stage.

Viewers were able to live-stream the concert through Apple Music and fans couldn’t get enough of her “Til the World Ends” performance that ended in a few booty spanks.

She went through a whopping nine costume changes and sang some of her biggest hits including “Toxic” and “Piece of Me.”

Regardless of the glitz and glam on stage, Britney and her dancers seemed to be having a great time performing.

Unfortunately, not everything went perfect. During the “Touch of my Hand” performance, Britney’s male dancer seemingly made a routine mistake for she was unable to finish her legendary backflip…and the embarrassment must’ve been real!

Anyhow, Brit Brit slayed a bit last night and I am in AWE we’re seeing her performing music "live" in foreign lands again!

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