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Long-time Apple skeptic Warren Buffett’s hedge fund has bought $1B of AAPL stock

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<p>Warren Buffett’s hedge fund B<span class="s1">erkshire Hathaway has purchased more than a billion dollars worth of AAPL stock. An <a href="https://www.sec.gov/Archives/edgar/data/1067983/000095012316017295/xslForm13F_X01/form13fInfoTable.xml" target="_blank">SEC filing[/url] (via <a href="https://twitter.com/CNBCnow/status/732172792918097920" target="_blank">CNBC[/url]) revealed that the fund had purchased 9,811,747 shares worth a total of $1.069B as at the end of the first quarter.</span></p>
<p>It’s believed that Berkshire Hathaway owned few AAPL shares prior to this move. Warren Buffett said way <a href="http://9to5mac.com/2011/03/21/warren-buffet-not-impressed-with-aapl/" target="_blank">back in 2011[/url] that the fund ‘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 …</p>
<p> <a href="http://9to5mac.com/2016/05/16/warren-buffett-aapl-stock/#more-431100" class="more-link">more…[/url]</p>
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