Warren Buffett Piles Into Apple Stock as Key Profit Sector Plunges 63%

Warren Buffett’s Berkshire Hathaway is compensating for its weak second quarter by increasing its holdings in Apple Inc. After 3.5 years since their last major acquisition, the Omaha-based conglomerate has built a $50.5 billion stake in the iPhone creator. The total makes Apple the largest holding in Berkshire. In May, Warren Buffett said that he […]

The post Warren Buffett Piles Into Apple Stock as Key Profit Sector Plunges 63% appeared first on CCN Markets

Source: https://www.ccn.com/news/warren-buffett-piles-into-apple-stock-as-key-profit-sector-plunges-63%25/2019/08/04/

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