Warren Buffett's optimism about Apple's future doesn't extend to using its products, CNBC reported Monday.
The billionaire chairman and CEO of Berkshire Hathaway told CNBC that he received an iPhone X as a gift, but isn't quite ready to use it — though he hopes to muster up the courage "one of these days." The phone was accompanied by an instructional letter, which Buffett joked was written as if "to a 3-year-old child."
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Buffett praised Apple's ubiquity and "utility," adding that Apple is "an incredible ecosystem that they've found ways to profit more from" with their new products.
Watch more of Warren Buffett's interview at CNBC.
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