Warren Buffet’s Berkshire Hathaway sells half its Apple stock
Warren Buffett's Berkshire Hathaway significantly reduced its Apple holding to $84.2 billion, despite it being the firm's largest stock.
MAIN POINTS
- Berkshire Hathaway cut its Apple holding by around half.
- The current value of the Apple holding is $84.2 billion.
- Buffett had already reduced the stake by 13 percent earlier this year.
TAKEAWAYS
- Apple remains Berkshire Hathaway's largest stock holding.
- The reduction may be influenced by tax reasons.
- The initial reduction hinted Buffett's willingness to sell some Apple shares.