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Berkshire picked up its selling pace earlier this year and by the end of the second quarter, it had halved its stake in Apple, the Financial Times reported, helping to bring its cash reserve to an ...
Another plausible reason for Berkshire to sell Apple is to raise cash, perhaps to buy a different stock or make an outright acquisition. In Berkshire's May shareholder letter, Buffett did refer to ...
The news that Warren Buffett's Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) sold half of its Apple (NASDAQ: AAPL) stock probably came as a shock to many investors.
Berkshire Hathaway has not said why it is selling off shares of Apple. At a Berkshire annual meeting in May, Buffett hinted that he was selling shares for tax reasons, anticipating that the US ...
Warren Buffett sold roughly half of Berkshire Hathaway’s stake in Apple during the second quarter and revealed a record cash pile of more than $270 billion at the end of June, contributing to ...
By December 31, 2017, Berkshire owned 166 million shares (3.3% of Apple). Berkshire bought 75 million more shares in early 2018. [146] [147] As of December 31, 2022, Berkshire owned 5.8% of Apple. [148] [149] Berkshire Hathaway reduced its Apple stake by nearly 50%, selling $75.5 billion worth of stock in the second quarter of 2024, increasing ...
Apple (NASDAQ: AAPL) has been one of Berkshire Hathaway's largest holdings for some time. However, Warren Buffett and his team at Berkshire have started to unload the position, selling Apple stock ...
The Apple share sale comes amid a broader pattern of selling by Buffett in the second quarter as Berkshire unloaded more than $75 billion in equities in the period, raising the conglomerate’s ...