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Warren Buffett, chairman and chief executive officer of Berkshire Hathaway Inc., listens while playing cards on the sidelines the Berkshire Hathaway annual shareholders meeting in Omaha, Nebraska, U.S., on Sunday, May 1, 2016. Daniel Acker/Bloomberg News

Questions are swirling about whether Apple (AAPL) has the wherewithal to deliver fresh innovation after iPhone sales were sluggish in the most-recent quarter.

Warren Buffett (or Todd Combs or Ted Weschler, the two investment managers who work with the Oracle of Omaha) seems to think that the world's largest stock by market capitalization can power ahead.