Warren Buffett’s Berkshire Hathaway Apple holdings up over $10 billion this year

“Berkshire Hathaway is sticking with its sizable Apple stake, Warren Buffett said,” Yun Li reports for CNBC. “‘We haven’t changed our [Apple] holdings,’ Buffett told CNBC’s Becky Quick on Thursday, on the eve of the kickoff of Berkshire Hathaway’s annual shareholder meeting in Omaha this weekend.”

“Apple shares are up more than 32% this year, including a boost from the iPhone maker’s better-than-expected first-quarter earnings report this week,” Li reports. “‘I was pleased with what they reported,’ Buffett said, while noting he never makes investment decisions based on a single quarterly report. ‘What they talked about and reported is consistent with the reason we own $50 billion-plus of Apple.'”

Li reports, “Berkshire owned more than $40 billion worth of the tech giant as of end of last year, according to its 2018 annual letter.”

Read more in the full article here.

MacDailyNews Take: So much for Warren (or anyone else with a brain) “losing” money on AAPL.

Warren Buffett’s Berkshire Hathaway ‘lost’ $19 billion on Apple stock in last 3 months – January 11, 2019
No, Apple is not dead, just logic – December 27, 2018

1 Comment

  1. Considering that AAPL took a big dive at the end of 2018, it would be more interesting (and probably less impressive) to report on gain (or loss) from what Warren Buffet purchased AAPL at.

Reader Feedback

This site uses Akismet to reduce spam. Learn how your comment data is processed.