London, May 4, 2024 (Financeflashnews) – The renowned investor Warren Buffett’s investment company Berkshire Hathaway has decreased its holdings in Apple, a leading manufacturer of technology. This was reported in today’s quarterly earnings report.
The value of Berkshire’s investment in Apple is now at $135.4 billion, reflecting ownership of approximately 790 million shares. This adjustment represents a 13% reduction in Berkshire’s stake in Apple.
Despite this reduction, Apple remains the largest holding in Berkshire Hathaway’s portfolio.
Key takeaways:
- Berkshire Hathaway sold 13% of its Apple shares in the first quarter of 2024.
- The investment firm’s stake in Apple is now valued at $135.4 billion.
- Berkshire Hathaway remains Apple’s largest shareholder, excluding exchange-traded fund providers.
Additional facts:
- Berkshire Hathaway is a holding company that owns a variety of businesses and invests in stocks, bonds, and real estate.
- Warren Buffett is known as the “Oracle of Omaha” and is considered one of the most successful investors in the world.
- Apple is one of the most valuable tech giants in the world and is the maker of popular products such as the iPhone, iPad, and Mac.
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