"Warren Buffett's Berkshire Hathaway Sells Apple Stock, Should You Buy?"

1 min read
Source: Yahoo Finance
"Warren Buffett's Berkshire Hathaway Sells Apple Stock, Should You Buy?"
Photo: Yahoo Finance
TL;DR Summary

Berkshire Hathaway, led by Warren Buffett, sold around 10 million shares of Apple, trimming its position by a little over 1%. This move could indicate Berkshire's view of Apple as a good value rather than a growth stock. Despite the sale, Apple remains a foundational holding in Berkshire's portfolio, and the company continues to believe in the power of Apple's stock buybacks. While Apple's top- and bottom-line growth has slowed, its high-margin services segment is thriving. The article suggests that Apple is worth considering for investment, especially if the broader market becomes more expensive and Apple's valuation becomes more attractive.

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