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

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Apple (AAPL) option implied volatility flat, large holding of Berkshire Hathaway into annual shareholder meeting

May 4, 2018 6:10 AM EDT

Apple (NASDAQ: AAPL) May weekly call option implied volatility is at 26, May and June is at 21; compared to its 52-week range of 14 to 34 into Berkshire Hathaway (BRK.B) purchased 75M shares in Q1, CNBC reports.

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Apple (AAPL) option implied volatility flat into Berkshire Hathaway purchased 75M shares in Q1, CNBC reports

May 4, 2018 5:36 AM EDT

Apple (NASDAQ: AAPL) May weekly call option implied volatility is at 26, May and June is at 21; compared to its 52-week range of 14 to 34 into Berkshire Hathaway (BRK.B) purchased 75M shares in Q1, CNBC reports.

... More

Apple hits record high after Buffett's Berkshire increases stake

May 3, 2018 11:10 PM EDT

By Sonam Rai

(Reuters) - Apple Inc's stock hit an all-time high on Friday after Warren Buffett's Berkshire Hathaway Inc disclosed it bought an additional 75 million shares of the iPhone maker in the first three months of the year.

Buffett's increased stake, which was confirmed by a representative of the billionaire investor, pushed Apple's shares up as much as 4.2 percent to $184.25, taking the company's market value to about $906 billion.

Apple declined to comment on Friday.

"If you look at Apple, I think it earns almost twice as much as the second most profitable company in... More