Berkshire Hathaway Stories May 16

Update: Reuters has now issued a correction, stating that it made a data error, and that Berkshire Hathaway remains #3:

Corrects ninth paragraph in May 15 article because of data error, and to show that Berkshire Hathaway is Apple’s third-largest shareholder, trailing Vanguard Group and BlackRock, not its second-largest shareholder.

Warren Buffett’s Berkshire Hathaway recently disclosed that it had increased its stake in AAPL to 240.3M shares, worth more than $42B at the time …

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Berkshire Hathaway Stories May 6

Earlier this week, we reported that Berkshire Hathaway, the conglomerate founded and run by Warren Buffett, had purchased an addition 75 million AAPL shares during the first quarter of this year. Now, Buffett says he wants to buy even more of the company…

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Berkshire Hathaway Stories May 4

Berkshire Hathaway, the conglomerate founded and run by Warren Buffett, bought an additional 75 million AAPL shares in the first quarter of the year.

The latest purchase takes Berkshire’s total stake in Apple to 240.3M shares, worth more than $42B …

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Berkshire Hathaway Stories February 14

Over the past few years, Warren Buffet’s Berkshire Hathaway has turned from an Apple skeptic to rather bullish on the company. CNBC reports that Berkshire Hathaway has again increased its stake in AAPL shares, this time at the cost of IBM…

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Berkshire Hathaway Stories May 8, 2017

Billionaire investor Warren Buffett has explained why Berkshire Hathaway doubled its AAPL holdings in January, stating that he used his understanding of the furniture market to appreciate the strength of the iPhone …

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Berkshire Hathaway Stories May 16, 2016

Warren Buffett’s conglomerate Berkshire Hathaway has purchased more than a billion dollars worth of AAPL stock. An SEC filing (via CNBC) revealed that the fund had purchased 9,811,747 shares worth a total of $1.069B as at the end of the first quarter.

It’s believed that Berkshire Hathaway owned few AAPL shares prior to this move. Warren Buffett said way back in 2011 that the conglomerate ‘held very few in the past and we’re likely to hold very few in the future’ as the company’s long-term prospects were too difficult to predict …

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