Ad
related to: why did berkshire sell apple phones for the future
Search results
Results From The WOW.Com Content Network
Berkshire had begun selling Apple in the first quarter, and the value of its stake in the tech giant is down 56% from the end of 2023, when it was worth $174.3 billion.
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 ...
That may explain why Buffett has aggressively sold Apple in recent quarters, and it also leaves room for continued selling in future quarters. 2. Berkshire Hathaway
Warren Buffett and Berkshire Hathaway extended ... It has now sold more than 600 million of the iPhone maker’s shares in 2024, though Apple remained Berkshire’s largest stock holding, at $69.9 ...
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 ...
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 ...
If Berkshire hadn’t sold any of its Apple shares, the stake would have been worth nearly $200 billion at the end of June, compared to Berkshire’s market cap of about $890 billion. Even if ...
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 ...