Reported 2 months ago
Warren Buffett's Berkshire Hathaway recently sold half of its Apple stock, which shocked many investors. However, this move shouldn't cause panic for a few reasons: Apple remains the company's largest holding, even after the sale; its stock has become relatively expensive, indicating it may be time to cash in on gains; and Berkshire's substantial liquidity position is necessary for meaningful acquisitions. Ultimately, this sale is more of a strategic adjustment rather than a negative signal about Apple’s future.
Source: YAHOO