Warren Buffett and Ken Fisher Love Apple (AAPL) – Here’s Why

We just covered Billionaire Ken Fisher’s Latest Portfolio: 10 Best AI Stocks to Buy. Apple Inc. (NASDAQ:AAPL) ranks #2 (see the 5 Best AI Stocks to Buy).

Billionaire Ken Fisher’s Stake: $14.99 billion

Despite all the talk of a lack of an AI strategy and slowing iPhone sales growth, Apple Inc. (NASDAQ:AAPL) stock is becoming a staple and an essential part of major billionaires’ portfolios like Ken Fisher and Warren Buffett. The biggest stamp of approval on Apple’s turnaround came from Buffett, who admitted in a March 2026 interview that he sold a significant portion of his stake “too soon” and would consider buying back “a whole lot” if the price were lower, effectively acknowledging the enduring strength of the business.

Apple Inc. (NASDAQ:AAPL) has 2.5 billion active devices globally, giving it a sticky ecosystem that acts as an automated recurring revenue machine. This massive installed base allows Apple to monetize users through high-margin subscriptions regardless of individual hardware upgrade cycles.

Apple Inc’s (NASDAQ:AAPL) transition toward a high-margin, recurring service business is also going as planned. The business now accounts for roughly 21% of Apple’s overall revenue and has become a $100 billion a year business.

With over $200 billion in cash and a long history of consecutive dividend growth, Apple Inc. (NASDAQ:AAPL) can make strategic moves to maintain market dominance while also expanding into other high-margin businesses like services, wearables, and emerging tech.

RiverPark Large Growth in its fourth quarter 2025 investor letter explained several reasons why Apple remains a compelling long-term investment. (Click here to read the full text).

While we acknowledge the risk and potential of AAPL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than AAPL and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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