Warren Buffett

In his annual letter to shareholders released on Saturday, billionaire investor and stock market legend Warren Buffett heralded Apple as one of the four pillars of Berkshire Hathaway, saying that the tech company is the second (by market value) of "our four giants" — reports CNBC. The "Oracle of Omaha" went on to laud Apple...

Billionaire investor Warren Buffett’s big bet on Apple gained over $8 billion USD in value on Friday as the Cupertino, California-based tech giant's stock surged more than 5% after strong quarterly earnings and CEO Tim Cook saying he sees supply chain constraints easing up in the coming months (via CNBC). Apple on Thursday announced a record...

Billionaire investor Warren Buffett's big bet on Apple has paid off in a major way, making more than $120 billion USD on paper as the tech giant reached a milestone $3 trillion market valuation this week. Warren Buffett looks for simple, predictable businesses at bargain prices, meaning he's largely avoided technology companies throughout his career....

Billionaire investor Warren Buffett's Berkshire Hathaway owned $113 billion in Apple stock and $147 billion in cash at the last count, which represents over 52% of the company's $499 billion market cap, Business Insider is reporting. Buffett’s conglomerate held about 245 million Apple shares as of June 30, giving it a roughly 5.7% stake in...

Apple's latest stock valuation means investor Warren Buffett's holding are now worth three times what he originally paid for them in 2016. A new report from Business Insider explains that the investor's conglomerate Berkshire Hathaway has seen its $35 billion USD stake in Apple triple in value to around $104 billion, following the stock reaching a...

Mega-rich investor Warren Buffett has finally upgraded to in iPhone, calling Apple the "best business" in the world. Buffett has long sung the praises of Apple, but he’s never been a smartphone fan, preferring instead to stick with a $20 USD Samsung SCH-U320 flip phone that he joked was given to him by Alexander Graham-Bell....

Citing SEC filings published last week, Business Insider is reporting that billionaire investor Warren Buffett sold more than $800 million worth of Apple stock last quarter. Although the figure might sound like a massive sale, it must be noted that Buffett’s Berkshire Hathaway currently owns a 5.4% stake in Apple which is worth $72 billion. As...

Apple CEO Tim Cook said that Berkshire Hathaway's Warren Buffett understands that Apple has evolved from a tech company to a consumer products company. A new report from CNBC explains that Cook attended the Berkshire Hathaway annual shareholder meeting in Omaha, Nebraska this weekend. While in Omaha, Cook said that he's "thrilled" to see Warren Buffett...

Warren Buffett has been buying a lot of Apple shares recently, saying that he would buy even more at the right price. At Berkshire Hathaway's annual shareholder's meeting, Buffet endorsed Apple's buyback program. Buffett said that the buyback program would be the most effective use of the company's cash. In a statement, he said: “We...

In a recent interview with CNBC, the chairman and CEO of Berkshire Hathaway Warren Buffett has explained why Apple is such an attractive investment, while highlighting that he has invested in Apple stock more than anything else in the last year. Buffett also shared Berkshire Hathaway's largest stock positions in a recent letter to shareholders, showing Apple as its...

According to a new filing with the Securities and Exchange Commission, Warren Buffett's Berkshire Hathaway has continued to make big bets on Apple, raising its stake in the tech giant by 23.3 percent to 165.3 million shares. Alongside the boosted stake in Apple, Berkshire Hathaway dumped 94.5 percent of its IBM holdings over the three...

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,...