Comment on Federal regulators are wielding a classic Warren Buffett concept to go after Apple — his biggest stock bet

Federal regulators are wielding a classic Warren Buffett concept to go after Apple — his biggest stock bet

Warren Buffett.APThe Department of Justice is suing Apple for monopolizing smartphone markets with the iPhone.Regulators called Apple's defenses against its rivals a "moat," borrowing Warren Buffett's metaphor.Buffett's Berkshire Hathaway is one of Apple's biggest shareholders with a nearly 6% stake.The Department of Justice is suing Apple for monopolizing smartphone markets — and cheekily used a term coined by Warren Buffett to make its case against the investor's No.

 

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