Berkshire Hathaway

Apple is ‘Ungodly Well-Managed,’ Says Warren Buffet’s Right-Hand Man

Apple had a stellar 2021, posting quarter after quarter of record revenues as sales soared despite the pandemic and resulting supply chain issues. The company inched ever closer to breaking $3 trillion in market capitalization, leaving even that milestone in its rear-view mirror at the start of this year. According to Charlie Munger, billionaire investor...

Berkshire Hathaway Becomes Apple’s Third Largest Shareholder

Warren Buffett’s multinational conglomerate holding company Berkshire Hathaway now owns 239.6 million shares in Apple worth over $40 billion, making it the iPhone maker's third-largest shareholder. According to Reuters, Buffett disclosed the numbers in a regulatory filing detailing Berkshire’s U.S.-listed stock holdings as of March 31. Warren Buffett’s Berkshire Hathaway Inc on Tuesday said it has more than doubled its investment in...

Warren Buffett Likens Apple’s iPhone Loyalty to the Furniture Industry

Apple's brand loyalty and reasonable valuation is what convinced billionaire investor and Berkshire Hathaway Chairman and CEO Warren Buffett to invest in the company, Buffett told CNBC Monday. Buffett explained why Berkshire Hathaway doubled its Apple holdings in January, stating that he used his understanding of the furniture market to appreciate the strength of the iPhone. Apple has become one of Omaha,...