Famed investor Warren Buffett again trims stake in Apple
The Sage of Omaha has decided to trim his Apple holdings, as part of what appears to be a small move away from big tech.
The Sage of Omaha has decided to trim his Apple holdings, as part of what appears to be a small move away from big tech.
Berkshire Hathaway CEO Warren Buffett believes Apple offers a highly desirable product in the iPhone, one that consumers would give up a second car to keep.
Warren Buffett says his investment firm believes Apple is a "wonderful business," and especially that it has been managed extraordinarily well by Tim Cook.
Berkshire Hathaway CEO Warren Buffett sold all but a handful of his stake in Taiwanese iPhone chipmaker TSMC, mere months after buying it.
Warren Buffett's Berkshire Hathaway continues to increase its stake in Apple stock, adding 333,856 shares in Q4 2022.
Warren Buffett-owned firm Berkshire Hathaway purchased nearly 4 million more Apple shares in the second quarter of 2022, according to regulatory documents.
Warren Buffett said he purchased $600 million worth of Apple shares during a dip in the March quarter, and would have bought more if the stock price didn't bounce back.
Warren Buffett has seen returns of $100 billion from Apple stock since he first invested in the company in 2016, drawing comparisons to the legendary investor's Coca-Cola holdings.
Apple is Berkshire Hathaway's second of "Four Giants" defining the investment firm's value, Warren Buffett has outlined, with the iPhone maker only behind a "cluster of insurers" in importance.
Warren Buffet has hailed Tim Cook as a "fantastic manager" of Apple, declaring him "one of the best managers in the world," during the annual Berkshire Hathaway shareholders meeting.
Berkshire Hathaway's annual letter to shareholders has praised Apple, using the iPhone maker as a demonstration of how share repurchases can be a good thing for investors.
Warren Buffett's Berkshire Hathaway cut its stake of Apple stock by 6% in the fourth quarter of 2020, though it remains the firm's number one holding.
Warren Buffett's Berkshire Hathaway sold about 36 million shares of Apple in the third quarter of 2020, trimming its stake in the company by some 3.7%, according to regulatory filings.
Apple's latest stock valuation means Warren Buffett's stock holdings are now worth three times what he originally paid for them, starting in 2016.
Apple shares now comprise 43% of Warren Buffett's portfolio with Berkshire Hathaway owning $91.3 billion worth of AAPL, according to the holding company's latest shareholder letter.
The 89-year-old billionaire Warren Buffet says that he has switched to the latest iPhone after years of using a $20 flip phone, despite years of investing in Apple and describing it as the best business in the world.
Berkshire Hathaway, Warren Buffett's investment fund, has reduced its holdings in Apple over the last quarter, offloading in excess of $800 million worth of Apple stock over a three-month period, but it still maintains its position as the iPhone maker's biggest shareholder.
Apple has teamed up with investor Warren Buffett to produce a new iPhone game dubbed Warren Buffett's Paper Wizard that pays homage to Buffett's history of starting out as an actual paperboy.
Apple CEO Tim Cook shared details about Apple's start of stock buybacks, and has confirmed that Warren Buffett put Apple on the track to do so — and the "Oracle of Omaha" tried to put the company on the path years before.
Berkshire Hathaway's investment in Apple is proof that the company isn't really a normal tech company, Apple CEO Tim Cook has suggested, with the fund's holdings in the iPhone maker serving as a sign the iPhone maker is closer to a consumer products company in its current state.
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