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Macintosh News => iPhone/iPod/iPad News => Topic started by: HCK on February 28, 2017, 04:05:20 pm



Title: Warren Buffett’s Berkshire Hathaway more than doubles AAPL holdings in just two months, to $17B
Post by: HCK on February 28, 2017, 04:05:20 pm
Warren Buffett’s Berkshire Hathaway more than doubles AAPL holdings in just two months, to $17B

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<p>Billionaire investor Warren Buffett certainly appears to have revised his view of Apple bigtime. <a href="https://9to5mac.com/2011/03/21/warren-buffet-not-impressed-with-aapl/" target="_blank">Back in 2011[/url], he famously said that his conglomerate Berkshire Hathaway had held very few AAPL shares in the past ‘and we’re likely to hold very few in the future.’ The reason, he said, was that the company’s future was too difficult to predict.</p>
<p>By May of last year however, the conglomerate held <a href="https://9to5mac.com/2016/05/16/warren-buffett-aapl-stock/" target="_blank">more than $1B[/url] worth of AAPL stock – a disclosure that helped the stock <a href="https://9to5mac.com/2016/05/27/aapl-100-warren-buffett/" target="_blank">climb 9%[/url]. By December, that holding had increased to 57M shares <a href="https://9to5mac.com/2017/02/14/warren-buffet-apple-investment/" target="_blank">worth $7.7B[/url]. Now <a href="http://www.cnbc.com/2017/02/27/billionaire-warren-buffett-more-than-doubled-his-holdings-in-apple-in-2017.html" target="_blank">CNBC[/url] reports that the company now holds 133M shares worth a staggering $17B …</p>
<p> <a href="https://9to5mac.com/2017/02/27/warren-buffetts-berkshire-hathaway-more-than-doubles-aapl-holdings-in-just-two-months-to-17b/#more-469584" class="more-link">more…[/url]</p>
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