World’s ‘biggest investor’ has halved its stake in Apple, and this may be the reason
By
Mathew C S
The world’s largest investment group Warren Buffett’s Berkshire Hathaway has reportedly reduced its holding in Apple, selling off roughly half of its stake in the iPhone maker as part of a wider $76bn stock disposal. According to a report in Financial Times, quoting an SEC filing, Warren Buffett’s Berkshire Hathaway has slashed its stake in iPhone maker Apple in half as part of a selling spree in which the billionaire investor sold $76 billion of stocks.
