Warren Buffet's Berkshire Greatly Added to Apple (AAPL) Stake After Year-End
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Price: $329.40 -2.66%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.3%
EPS Growth %: +7.0%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.3%
EPS Growth %: +7.0%
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On CNBC, Warren Buffet disclosed that Berkshire Hathaway now owns 133 million shares of Apple (NASDAQ: AAPL). This is up sharply from the 57,359,652 shares he held at year end 2016.
He said CEO Tim Cook has done a "terrific job."
He added that Apple is now the firm's second largest position and predicts Apple will be the first company to reach one trillion in market value (currently $717 billion).
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