Reported about 11 hours ago
As Warren Buffett prepares to step down as CEO of Berkshire Hathaway, questions arise regarding the company's stake in Apple. Buffett's legacy includes significant investments in Apple since 2016, which have yielded substantial returns. However, with Apple facing growth challenges and becoming less of a value investment, Greg Abel, who will replace Buffett, may choose to sell off some of Berkshire's remaining Apple shares. The current economic environment and Apple’s slower revenue growth suggest it might not be the best time for new investors to buy into Apple stock.
Source: YAHOO