Denver Warren Buffett has continued to increase his stake in Apple. At the end of June, Berkshire held 894.8 million Apple shares, valued at $122.3 billion. That’s almost five million shares more than three months earlier, according to a mandatory notification to the US Securities and Exchange Commission.
Buffett hasn’t held back on his praise for Apple in the past. The iPhone manufacturer is one of the “four giants” of his conglomerate, emphasized the Berkshire boss. In the first quarter, Buffett took advantage of Apple’s weak phase and made additional purchases. “Unfortunately, the price then went back up, so I stopped. Who knows how much else we would have bought,” he told CNBC in early May. CEO Tim Cook was also a guest at Berkshire’s Annual Shareholders’ Meeting at the company’s headquarters in Omaha, Nebraska, in May.
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