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Buffett's Berkshire Raise Apple (AAPL) Stake by 75M Shares

May 4, 2018 6:28 AM EDT

Warren Buffett's Berkshire Hathaway told CNBC he bought another 75 million shares of Apple (NASDAQ: AAPL) in the first quarter of the year.

The stake is now 240.3 million shares worth $42.5 billion.

"If you look at Apple, I think it earns almost twice as much as the second most profitable company in the United States," CNBC quoted Buffett as saying.



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