Buffett says he's not buying more Apple at these levels, but would if the shares got 'cheaper'

Renowned billionaire investor Warren Buffett said Monday that he's not buying Apple shares, but would if they continued to cheapen.

"If it were cheaper, we'd be buying it. We aren't buying it here," Buffett said in an interview with "Squawk Box" co-host Becky Quick. "Apple: I don't see myself selling – the lower it goes, the better, I like it, obviously."

Buffett, 88, also discussed Berkshire's $112 billion cash pile and how he plans to use it. He also detailed his outlook on the U.S. economy, his views of the early 2020 presidential campaign field and his investment in Kraft Heinz.

The interview was conducted at Berkshire-owned Nebraska Furniture Mart.

This story is developing. Please check back for updates.

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