Reported 2 months ago
Warren Buffett has significantly reduced Berkshire Hathaway's stake in Apple from 905 million shares at the end of 2023 to 400 million by mid-2024, a 55% decrease, reflecting a strategic shift amidst concerns over Apple's declining market performance in China. Despite this, Buffett remains optimistic about Berkshire Hathaway, repurchasing $5 billion in shares and indicating strong future growth potential for the company.
Source: YAHOO