Oracle’s Big Shift: Warren Buffett slashes Berkshire Hathaway’s Apple stake by almost 50%, stirs market jitters
By
Binu Mathew
Warren Buffett, the billionaire investor, has left the stock market bewildered by dramatically slashing Berkshire Hathaway’s hefty Apple investment. Two years ago, Buffett referred to Apple as one of the four key pillars of Berkshire Hathaway, alongside its utility, insurance, and BNSF railroad businesses. This led many investors to believe he would hold onto Apple shares long-term, similar to his approach with Coca-Cola and American Express.