Archived Post

Berkshire Hathaway doubles down on Apple stock

Warren Buffett’s Berkshire Hathaway increased its Apple holdings by 23.3% to 165.3 million shares, according to SEC filings. The multinational conglomerate company dumped about 94.%of its IBM holdings, leaving just 2.05 million shares.

Last year, Buffett that he was more sure about Apple’s future than IBM’s. The conglomerate was already the fourth-largest Apple shareholder, according to FactSet.

Dennis Sellers
the authorDennis Sellers
Dennis Sellers is the editor/publisher of Apple World Today. He’s been an “Apple journalist” since 1995 (starting with the first big Apple news site, MacCentral). He loves to read, run, play sports, and watch movies.