Berkshire Hathaway Reduces Apple Stake by Almost 50% in Major Portfolio Shift
Warren Buffett’s Berkshire Hathaway has dramatically reduced its stake in Apple, cutting it nearly in half according to the company’s second-quarter earnings report released on Saturday. The conglomerate’s holdings in Apple fell from 790 million shares to 400 million, now valued at $84.2 billion. This significant sell-off marks a departure from Buffett’s usual strategy of…
