Berkshire Hathaway

Read Cult of Mac’s latest posts on Berkshire Hathaway:

Berkshire Hathaway calls Apple ‘ungodly well-managed’

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Warren Buffett's Berkshire Hathaway remains bullish on Apple.
Warren Buffett's Berkshire Hathaway remains bullish on Apple.
Photo: Kevin Dooley/Flickr CC

Charlie Munger, investment company Berkshire Hathaway’s vice chairman, laid out high praise for Apple during an interview with Yahoo! Finance on Thursday. He called the Cupertino juggernaut “ungodly well-managed.”

He also described Apple as “one of the strong companies” and said he expects it to remain so.

Warren Buffett’s premature Apple selloff cost his firm $20 billion

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Buffett
Warren Buffet is Apple's biggest investor.
Photo: CNBC

Warren Buffett is one of the greatest financial masterminds of our time. But he’s not infallible. Sometimes even Warren makes mistakes — and one of those recent mistakes was called Apple.

Buffett’s Berkshire Hathaway firm has long invested in Apple, with Buffett once saying that, “I don’t think of Apple as a stock. I think of it as our third business. It’s probably the best business I know in the world. And that is a bigger commitment than we have in any business except insurance and the railroad.”

Apple has done extremely well for Buffett. The company’s stake in Apple has tripled in value in the past three years. On Wednesday, as Apple closed at a new all-time high, it was worth $128 billion. It accounts for more than 40% of Berkshire’s US portfolio, while Berkshire is Apple’s second larger shareholder (after index fund giant Vanguard.) However, Buffett has also been pruning his Apple stake. And it’s cost him.

Warren Buffett’s firm unloads 57 million Apple shares

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Buffett
Warren Buffett is one of Apple's biggest cheerleaders.
Photo: CNBC

Berkshire Hathaway — the investment firm belonging to Warren Buffett, one of Apple’s biggest cheerleaders in recent years — reduced its stake in the Cupertino tech giant last quarter.

According to a regulatory filing made this week, in Q4 2020, Berkshire Hathaway cut 6% of its Apple shares. By contrast it kept its Amazon shares steady, while growing its stake in T-Mobile by a massive 117%.

43% of Warren Buffett’s investment portfolio is now Apple shares

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Buffett
For a man who can't use an iPhone, Warren Buffett sure loves Apple.
Photo: CNBC

A decade ago, Berkshire Hathaway founder Warren Buffett said he just didn’t get Apple. Today, Apple shares make up some 43% of Berkshire Hathaway’s entire stock portfolio, according to a report from Motley Fool.

The firm’s 245 million Apple shares have increased in value by more than $55 billion since the start of 2019 to be worth upward of $91 billion. Still, from an investor’s perspective, it makes you wonder whether you’d be better off simply investing in AAPL itself, rather than paying a fund manager!

Tim Cook personally tried (and failed) to teach Warren Buffett to use an iPhone

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Buffett
A financial wizard? Yep. A future Apple Store Genius? Nope.
Photo: CNBC

Warren Buffett may be one of the shrewdest financial minds of our time, but don’t expect him to be able to use an iPhone. Despite receiving a personal lesson from Apple CEO Tim Cook.

“I went out to California, and Tim Cook very patiently spent hours trying to move me up to the level of the average two-year-old,” Buffett told Yahoo Finance editor-in-chief Andy Serwer. “And didn’t quite make it.”

Warren Buffett’s investment firm unloads more than $800 million of Apple shares

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Buffett
Warren Buffett has been a long-time Apple supporter.
Photo: CNBC

Warren Buffett’s investment firm Berkshire Hathaway sold more than $800 million of Apple stock in the last quarter of 2019.

Buffett is probably Apple’s most famous investor and cheerleader. Berkshire Hathaway is the Cupertino tech giant’s biggest shareholder, with an estimated 5.4% stake in the company.

Apple and Amazon could hook up for health care

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Apple health care
Apple Watch ECG is one of the ways this company is getting into health monitoring.
Photo: Lewis Wallace/Cult of Mac

Apple has made it clear it sees health monitoring as an important part of its business. And now analysts from Morgan Stanley are urging the company combine its efforts with Haven, a partnership of Amazon and others hoping to improve health care while also making it more affordable.

But it’s not clear how Apple would benefit from any such collaboration.

Apple shares stumble as Warren Buffett’s firm trims holdings

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Buffett
Warren Buffett has been a massive Apple cheerleader.
Photo: CNBC

In good times, the “Warren Buffett effect” has caused Apple shares to soar — by showing everyone that the world’s most famous investor believes in Apple. However, the opposite is also true: An apparent second thought on the part of Buffett’s firm Berkshire Hathaway can cause shares to fall.

That’s what happened this week, when Berkshire Hathaway was revealed to have slightly reduced its Apple holdings. Responding to the news, Apple shares fell 0.5 percent in pre-market trading.

Warren Buffett’s firm just can’t stop investing in Apple

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money
Berkshire Hathaway has made crazy amounts of money from Apple.
Photo: Ste Smith/Cult of Mac

If a company made you $2.6 billion in a single day, you’d probably want to continue investing in it. That’s what Warren Buffett’s Berkshire Hathaway firm has done with Apple, according to its latest regulatory filing.

In the second quarter of 2018, Berkshire Hathaway boosted its stock in Apple by 5 percent, upping its holding from 239.6 million shares to 252 million. According to current valuation that means the firm’s Apple investment is worth around $47 billion.

Apple stock earns Warren Buffett $2.6 billion in a single day

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Buffett
Breaking news: Warren Buffett knows how to invest wisely.
Photo: CNBC

For a person who famously said he doesn’t like to invest in tech stocks, Warren Buffett has done pretty well with Apple.

Following the company’s amazing quarterly earnings this week, Buffett’s shares in Apple have proven to be an insanely smart bet. How smart? Thanks to the 6 percent spike in Apple stock yesterday, Buffett’s Berkshire Hathaway firm likely made upward of $2.6 billion in a single day.

Warren Buffett didn’t believe the iPhone X doom predictions

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Buffett
Warren Buffett continues to sing Apple's praises.
Photo: CNBC

Analysts everywhere are trying to restore their Apple credibility after predicting doom for the iPhone X, only to be confronted with Apple’s best ever March quarter!

One person who apparently didn’t buy into the negative chatter about Apple? Renowned investor Warren Buffett. In the first quarter of 2018, Buffett’s Berkshire Hathaway firm shelled out for a massive 75 million AAPL shares. That joins the 165.3 million shares it owned at the end of last year.

Apple is now Warren Buffett’s second biggest investment

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Buffett
Warren Buffet is Apple's biggest investor.
Photo: CNBC

Warren Buffett doesn’t use an iPhone, yet it is one of the big reasons he invests so much money in Apple stock.

Buffett told CNBC on Monday that his Berkshire Hathaway Inc. bought more in Apple than any other stock over the last year, making it the second-biggest holding for the company.

Warren Buffett stays high on Apple despite iPhone slump

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Buffett
Warren Buffet is Apple's biggest investor.
Photo: CNBC

Apple’s big pause in iPhone sales leading up to this year’s new models isn’t worrying one of the company’s biggest investors.

Berkshire Hathaway CEO Warren Buffett says he loves what Apple is doing with its buyback program for investors and even though sales are slow, the stock is still a great buy.

Apple shares reach new high as analyst predicts $200 price

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apple stock price
Apple stock prices spent the whole year on the rise and ended trading Wednesday with a $1 trillion valuation.
Photo: Buster Hein/Cult of Mac

Share prices of Apple Inc. hit yet another record high during trading today, setting a new top mark of 143.80 by the time the market closed.

Apple shares were trading up nearly 3% on Tuesday thanks to an investor note from UBS analyst Steven Milunovich who predicts the stock price could shoot up past $200 in the next two to three years.

AAPL shares soar to new all-time high

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AAPL
Apple's stock is on the rise.
Photo: Buster Hein/Cult of Mac

A ringing endorsement from mega-investor Warren Buffett has helped push Apple’s stock to a new record high today.

Apple shares were trading up 2.04% and closed at an all-time high of $139.78 per share, beating the company’s previous top mark of $137.11 set last week.

Warren Buffett more than doubles AAPL holdings this year

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Apple is worth more than the entire US energy sector combined
Buffett sure knows an opportunity when he sees one.
Photo: Ste Smith/Cult of Mac

Warren Buffett’s investment firm Berkshire Hathaway has more that doubled its Apple share holdings this year — with its $17 billion share of Apple now representing Berkshire’s second biggest holding in a company.

In 2017 alone, the firm has purchased 120 million Apple shares.