Berkshire

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...

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...