Warren Buffet’s Berkshire Hathaway sells half its Apple stock

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TechCrunch 14h ago

Warren Buffet’s Berkshire Hathaway sells half its Apple stock - TechCrunch

Quick Summary:

While Apple remains the firm’s largest stock holding by far, Buffett had already reduced its stake by 13 percent earlier this year, hinting that he didn’t mind selling “a little Apple” for tax reasons.

Warren Buffett’s Berkshire Hathaway cut its Apple holding by around half, to $84.2 billion, according to an SEC filing.

Following significant workforce reductions in 2022 and 2023, this year has already seen 60,000 job cuts across 254 companies, according to independent layoffs tracker Layoffs.fyi.