Reported 14 days ago
Warren Buffett's Berkshire Hathaway has once again reduced its stake in Apple, selling an estimated 300 million shares, valued at around $69.9 billion, as it sits on a record cash pile of approximately $325 billion. Despite Apple's recent revenue growth, concerns about slow growth in other divisions, potential antitrust issues, and high stock valuation have caused Buffett to adopt a more cautious investment strategy.
Source: YAHOO