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Berkshire Hathway Earnings Weren't as Bad as They Looked -- Barrons.com
Berkshire Sold 25% of Its Apple Stock in the Third Quarter
Warren Buffett continued to reduce his apple shareholding in the third quarter, and the market cap of his holdings has fallen by 60%.
Berkshire Hathaway continued to sell its shares in Apple in the third quarter, reducing the company's stake in the iPhone manufacturer to only a small portion of the beginning of the year. After reducing its holding of Apple shares by nearly half in the second quarter, Berkshire Hathaway further sold about 25% in the third quarter. As of September 30, Apple's stock price has risen by 10.6%. Buffett hinted at the Berkshire Hathaway shareholder meeting in May that part of Apple's first-quarter sales were driven by tax effects. This technology giant remains Berkshire Hathaway's largest investment, headquartered in Omaha, Nebraska. Nevertheless, Berkshire
"Stock God" Buffett continues to significantly reduce his position in Apple (AAPL.US), cash reserves hit a new high! Does the old man anticipate a sharp drop in the stock market?
Berkshire Hathaway reduced its holdings in Apple by 25% in the third quarter; the 'Oracle of Omaha' has not shared his emotions on stocks since May.
Buffett Keeps Cutting Apple Stake, With Value Down 60% This Year
Berkshire Hathaway Inc.'s (NYSE:BRK.A) Prospects Need A Boost To Lift Shares
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