Berkshire Hathaway's $67 Billion Bet on AI: The Apple Connection

Reported 1 day ago

Warren Buffett's Berkshire Hathaway holds a $67 billion stake in Apple, an influential player in the AI space, despite concerns over the company's recent performance in the technology sector. With Apple's introduction of AI features and the delay in Siri's upgrade, analysts are divided on the company's future in AI, noting both its potential and the challenges it faces. While Buffett remains optimistic, some investors may hesitate to buy Apple stock at its current price-to-earnings ratio.

Source: YAHOO

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