Home > Brands > Apple > Buffett Quadruples Apple Stake

Buffett Quadruples Apple Stake

Buffett Quadruples Apple Stake

Big investor Warren Buffett has increased his holding in Apple not by just 50 percent as reported yesterday, but in recent months by something closer to 400 percent, according to new revelations.

In a regulatory filing, Buffett’s Berkshire Hathaway reported owning 57.4 million shares of Apple as of December 31, which would now be worth $7.74 billion – and up from just from 15.2 million shares three months earlier.

This week he did indeed add another 15 million shares.

Apple shares have climbed 42 percent in the last 12 months and notched a new all-time record of US$133.29 on Tuesday.

You may also like
States Take Action Against Apple AirTag Stalking
Apple Announces ‘Door Detection’ For Sight-Impaired
Apps Now Able To Up Subscription Without Consent
More Chip Manufacturers Forecast Gloom
Apple’s New iOS Update Changes App Payment