Ignoring a chorus of analyst doom and gloom, financial mogul Warren Buffett's Berkshire Hathaway bought 75 million shares of Apple stock in the first quarter of 2018, raising the fund's position to just over 240 million shares.
Legendary investor Warren Buffett's Berkshire Hathaway continued to bet big on Apple over the fourth quarter 2017, raising its stake in the tech giant by 23.3 percent to hit 165.3 million shares, according to a Securities and Exchange Commission filing.
Investor and Berkshire Hathaway chairman Warren Buffett once more came out in favor of Apple in a Monday TV interview, explaining why Berkshire bought Apple stock, and amping up the iPhone despite a sales decline in the March quarter.
Chairman and chief executive of Berkshire Hathaway Warren Buffett proclaims in an interview that his firm purchased around 120 million AAPL shares just in 2017, with a total value of more than $17 billion.
Investor Warren Buffet bet big on Apple during the fourth quarter of 2016, as a filing with the U.S. Securities and Exchange Commission on Tuesday reveals Berkshire Hathaway now owns more than 57 million shares of the tech giant.
Investor Warren Buffett has taken advantage of Apple's lowest share price in years, as new filings with the U.S. Securities and Exchange Commission reveal Berkshire Hathaway now owns 9.81 million shares of the iPhone maker.