Berkshire

Berkshire Hathaway Increases its Stake in Apple to $1.46 Billion

Berkshire Hathaway Inc. has announced that it has increased its stake in Apple by 55%, owning a total of 15.23 million Apple shares worth $1.46 billion as of June 30, up from 9.81 million shares as of March 31, Reuters is reporting. It must be noted that Warren Buffett’s Nebraska-based conglomerate has boosted its bet on the Cupertino tech giant, even...

Berkshire’s Bet on Apple from March Revealed at $99 Per Share

What was of no interest to activist investor Carl Icahn was for Warren Buffet's Berkshire Hathaway, well known for his avoidance of technology stocks, who acquired a nearly $1 billion stake in Apple, a filing revealed earlier in May. What was not known was how much Berkshire was willing to pay for that stock. Bloomberg now...