Warren Buffett

Read Cult of Mac’s latest posts on Warren Buffett:

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%.

Warren Buffett’s Apple holdings are now worth more than $100 billion

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

Warren Buffett, the legendary investor and big-time Apple booster, now has a share of the company worth upward of $100 billion.

Even more impressive? Buffett’s firm Berkshire Hathaway reportedly spent on around $35 billion to secure its 5.7% stake in Apple. That’s a pretty darn great return on investment — and Apple’s only climbing higher.

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.

Tim Cook explains why Apple isn’t a tech company anymore

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Tim Cook and Co. bring the hardware heat at The Brooklyn Academy of Music during the
Apple is now a consumer company.
Photo: Tim Cook

Apple CEO Tim Cook sounded absolutely ecstatic to count Warren Buffett as one of his company’s investors during an interview at Berkshire Hathaway’s shareholders meeting this morning.

Cook made a cameo in the company’s opening video — that also introduced Apple’s new Buffett-themed game — and sat down with CNBC to talk about his relationship with Warren, Apple’s culture, privacy and more.

Apple made an iPhone game just for Warren Buffett

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Warren Buffett
Get ready to sling papers till your fingers hurt.
Photo: Apple

Apple finally came out with its first new video game for iPhone since the App Store debuted in 2008, and it’s dedicated to the iPhone-maker’s largest shareholder, Warren Buffett. It’s called Warren Buffett’s Paper Wizard, and it sounded like a joke at first.

Apple CEO Tim Cook made a cameo appearance at Berkshire Hathaway’s shareholder meeting this morning to reveal the new game. In Paper Wizard, players cruise around tossing newspapers at houses as an homage to Buffett, who worked a paper route as a kid to make money. Now he’s one of the richest men in the world (and with his own paper boi video game to boot).

Warren Buffett isn’t rushing to stock up on Apple shares

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

Warren Buffett has been one of Apple’s biggest investor cheerleaders. However, the 88-year-old super investor says that he’s not going to be adding to his holdings unless prices go down.

“If it were cheaper, we’d be buying it. We aren’t buying it here,” Buffett told CNBC‘s “Squawk Box.”Apple: I don’t see myself selling – the lower it goes, the better, I like it, obviously.”

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.

iPad lover Warren Buffett plows more money into Apple

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

It wasn’t that long ago that Warren Buffett, probably the world’s most famous investor, said that he just didn’t get get Apple and wasn’t investing in it as a result.

To quote the late Biggie Smalls, “things done changed.” In a new interview with CNBC, coinciding with Buffett’s 88th birthday, the now-Apple-loving financial titan shared his thoughts on a number of topics — and you can bet that the iPhone was among them!

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 is betting even bigger on Apple

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What’s it like to have your startup bought by Apple? Stressful
One of the world's most legendary investors is doubling down on his Apple love.
Photo illustration: Ste Smith/Cult of Mac

Warren Buffett’s Berkshire Hathaway firm has massively increased its AAPL holdings, while ditching virtually all its IBM stock, showing how confident the super investor is of Apple’s immediate future.

Buffett’s firm increased its Apple holdings by 23.3 percent to 165.3 million shares, according to SEC filings. The firm took a dimmer view of IBM, however, and made the decision to drop a massive 94.5 percent of its holdings, leaving it with just 2.05 million shares.

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.

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.

Celebrity Apprentice hires YouTube star iJustine

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Justine Ezarik, a.k.a iJustine, will appear on The New Celebrity Apprentice.
Justine Ezarik, a.k.a iJustine, will appear on The New Celebrity Apprentice.
Photo: iJustine screenshot/YouTube

Justine Ezarik built a successful brand from her home by unboxing the latest Apple gadgets in front of a video camera and sharing her geeky tech enthusiasm with millions of YouTube followers.

Now the internet influencer known as iJustine will reach a new audience as she joins Arnold Schwarzenegger in the “Boardroom” as an adviser on The New Celebrity Apprentice.

Warren Buffett is betting bigger than ever on AAPL

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money
Buffett has made some serious money betting on Apple.
Photo: Ste Smith/Cult of Mac

Legendary investor Warren Buffet tends to stay away from technology stocks, but he can’t be too upset about his company’s decision to invest in AAPL stock.

At least, that would be the assumption based on the fact that his Berkshire Hathaway investment company announced this week that it’s increasing its stake in AAPL by a massive 55 percent.