Berkshire Hathaway’s most recent portfolio update, based on filings as of Q3 2024, reveals several key holdings and recent changes: Top Holdings: 1.$Apple (AAPL.US)$26.2% of the portfolio, valued at $69.9 billion. Despite recent trimming of the stake, Apple remains the largest holding. 2.$American Express (AXP.US)$15.4%, valued at $41.1 billion. 3.$Bank of America (BAC.US)$11.9%, worth $31.7 billion, though the stake was reduced by 23% in Q3. 4.$Coca-Cola (KO.US)$10.8%...
Old Timer Trader
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He sold 80 BILLION DOLLARS of AAPL stock. Just a year ago, he stated that Apple was a stock that he would never sell… can you explain that?
Earnings Preview Next week, earnings reports from tech firms Dell Technologies, CrowdStrike, and HP will be among the highlights of the corporate calendar. Wall Street experts predict that$Dell Technologies (DELL.US)$will announce quarterly earnings of $2.05 per share in its forthcoming report, indicating a 9% rise from the previous year. Expected revenues are projected to reach $24.53 billion, ma...
Old Timer Trader
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Here’s my problem with Apple. it definitely has a good business model. But the fact remains that it’s AI is next to nothing. Updated Siri? That’s all they have on tap and if the market analysts are correct is the only future for tech companies. They sold the phone the iPhone 16 and ask people to buy it with no AI upgrades except it maybe hopefully possibly some will come in the future. That is not promising to me.
Old Timer Trader : He sold 80 BILLION DOLLARS of AAPL stock. Just a year ago, he stated that Apple was a stock that he would never sell… can you explain that?