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 has finally come out with its first new video game for iPhone since the App Store debuted in 2008 and its dedicated to the iPhone-maker’s largest shareholder, Warren Buffett.

Tim Cook made a cameo appearance at Berkshire Hathaway’s shareholder this morning to reveal the new game. The game, called Warren Buffett’s Paper Wizard, sounded like a joke at first. Players cruise around tossing newspapers at houses as an homage to Buffett who had a paper route as a kid to make money. Now he’s one of the richest men in the world with his own paperboi 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.