Despite Berkshire Selling 605,000,000 Apple Shares, Buffett Still Says It's a 'Wonderful Company'

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Despite Berkshire Selling 605,000,000 Apple Shares, Buffett Still Says It's a 'Wonderful Company'

//stocks-investing.news-articles.net/content/202 .. buffett-still-says-it-s-a-wonderful-company.html

Published in Stocks and Investing on Thursday, January 16th 2025 at 15:21 GMT by MSN
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

Warren Buffett, the "Oracle of Omaha," fielded a question about the company's investment in Apple (AAPL). Despite selling nearly 605,000,000 shares to date, Buffett affirmed that Apple remains Berkshire's largest common stock holding.

Warren Buffett's Berkshire Hathaway has sold approximately 605,000 shares of Apple Inc., reducing its stake in the tech giant by about 1% in the last quarter. Despite this sale, Buffett remains highly positive about Apple, describing it as a "wonderful company" during Berkshire's annual shareholder meeting. He emphasized that Apple's business model, particularly its ecosystem and customer loyalty, continues to impress him, although he did not specify why the shares were sold. This move comes amidst a backdrop where Berkshire Hathaway has been adjusting its investment portfolio, with Apple still remaining one of its largest holdings.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/savingandinvesting/despite-berkshire-selling-605-000-000-apple-shares-buffett-still-says-it-s-a-wonderful-company/ar-AA1xk7TU ]

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