Berkshire Hathaway lowers stake in Apple
Apple Inc.
$254.49
13:10 20/12/24
1.88%
$4.70
Warren Buffett has further lowered his stake in tech giant Apple, downsizing Berkshire Hathaway's biggest equity holding for a fourth consecutive quarter.
Dow Jones I.A.
42,840.26
04:30 15/10/20
n/a
n/a
Nasdaq 100
21,289.15
12:15 20/12/24
0.85%
178.65
Berkshire Hathaway held $69.9bn worth of Apple shares at the end of September, implying that Buffett had disposed of approximately a quarter of his stake and now holds roughly 300.0m shares.
In total, Berkshire Hathaway's stake was down 67.2% year-on-year.
As of 0930 GMT, Apple shares were down 0.64% in pre-market trading at $221.49 each.
Reporting by Iain Gilbert at Sharecast.com