Warren Buffett says Apple is Berkshire H…

05.08.2023

Warren Buffett said on Saturday that Apple is a better business than any other in Berkshire Hathaway’s portfolio. Reuters: “Apple is different than the other businesses we own. It just

Warren Buffett said on Saturday that Apple is a better business than any other in Berkshire Hathaway’s portfolio.

Reuters:

“Apple is different than the other businesses we own. It just happens to be a better business,” said Buffett during Berkshire’s annual meeting in Omaha, Nebraska.

Berkshire revealed a $1 billion stake in Apple in May 2016, and by March 2023 had boosted that stake to $151 billion, accounting for 46% of its $328 billion equity portfolio.

Berkshire has recently held a 5.6% stake in Apple, and Buffett said it could buy more.

MacDailyNews Take: More good news for Apple shareholders.

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The post Warren Buffett says Apple is Berkshire Hathaway portfolio’s best business appeared first on MacDailyNews.

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