Warren Buffett

Apple’s Tim Cook is a ‘Brilliant CEO’ Says Warren Buffet

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...

Warren Buffet’s Apple Bet Gains $8 Billion in Less Than 24 Hours

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...

Warren Buffett Sold Over $800 Million Worth of Apple Stock Last Quarter

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...

‘We’ve Bought More Apple than Anything Else’, Says Warren Buffett

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...

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,...