Warren Buffett celebrates Tim Cook's Apple legacy at Berkshire meeting. The legendary investor praised Cook's stewardship of Apple, reminding shareholders of Berkshire's bold $35 billion investment nearly a decade ago when Cook was relatively unknown. That initial bet has grown to $185 billion pre-tax, including dividends and unrealized gains. Buffett credited Cook for successfully managing the company after Steve Jobs' death, calling it a massive gamble that paid off handsomely. Cook is stepping down as Apple CEO in September, handing leadership to John Ternus. Buffett's remarks highlighted the power of backing strong management and the extraordinary returns generated from Berkshire's tech sector exposure under his investment philosophy.
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