• Warren Buffett's Berkshire Hathaway potentially sold as much as $5 billion of Apple stock last quarter

    14 days ago - By Business Insider

    Lucas Jackson/Reuters
    Warren Buffett's Berkshire Hathaway potentially cashed out as much as $5 billion of Apple stock last quarter. The billionaire investor's company recently valued its stake in the iPhone maker at $111.7 billion as of September 30, compared to $91.5 billion as of June 30. The disparity suggests it sold about 39 million shares last quarter, based on the price of Apple's shares at the end of both periods. Berkshire's last portfolio update also suggests it has trimmed its largest holding. Visit Business Insider's homepage for more stories. Warren Buffett's Berkshire...
    Read more ...