Iain Gilbert Sharecast News
04 Nov, 2024 09:34

Berkshire Hathaway lowers stake in Apple

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AppleSharecast / Matias Cruz via Pixabay

Apple Inc.

$242.57

08:10 02/01/25
-3.13%
-$7.85

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.

42,252.35

04:30 15/10/20
n/a
n/a

Nasdaq 100

20,877.62

08:10 02/01/25
-0.64%
-134.55

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

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