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Apple (NASDAQ: AAPL) used to be an outsize position of Warren Buffett and his team at Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B). Although it's still his largest by a decent margin, recent ...
Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) CEO Warren Buffett once referred in 2020 to Apple (NASDAQ: AAPL) as Berkshire's third business, following its insurance arm and the BNSF railroad ...
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 ...
AAPL data by YCharts. 3. Berkshire Hathaway's size means it needs the liquidity. Another reason for the sale may come with the difficulty of managing an investment company that is the size of ...
The Apple-selling frenzy comes as Buffett has pared down his equity holdings across the board over the past two years. In the third quarter, Berkshire bought just $1.5 billion worth of stocks ...
The 93-year-old investor largely avoided technology companies for most of his career before Apple. Berkshire began buying the stock in 2016 under the influence of Buffett’s investing lieutenants ...
Berkshire Hathaway reduced its Apple stake again in the third quarter of 2024. Warren Buffett's company has now cut its shares in Apple by two-thirds over the last year.
But in a surprise, Berkshire reported it had sold about 13% of its Apple shares, reducing the value of its stake to $135.4 billion from $174.3 billion. Apple's stock price fell 11% in the quarter.