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Chuyển đến nội dung chính TÌM KIẾM BLOG NÀY PROMY WARREN BUFFETT’S BERKSHIRE HATHAWAY CUT APPLE INVESTMENT BY ABOUT 13% IN THE FIRST QUARTER * Nhận đường liên kết * Facebook * Twitter * Pinterest * Email * Ứng dụng khác tháng 5 04, 2024 WATCH NOW VIDEO05:13 Warren Buffett cuts Berkshire’s stake in Apple by 13% as iPhone sales slump OMAHA, Nebraska — Warren Buffett’s Berkshire Hathaway cut its gigantic Apple stake in the first quarter as the “Oracle of Omaha” continued to downsize his one-time favorite bet. In its first-quarter earnings report, Berkshire Hathaway reported that its Apple bet was worth $135.4 billion, implying around 790 million shares. That would mark a decline of around 13% in the stake. Apple was still Berkshire’s biggest holding by far at the end of the quarter. Warren Buffett walks the floor ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2024. David A. Grogen | CNBC This is the second quarter in a row that the Omaha-based conglomerate has trimmed the stake in the iPhone maker. It sold about 10 million Apple shares (just 1% of its massive stake) in the fourth quarter. This filing, when accounting for the change in Apple’s stock price, would imply Berkshire sold about 116 million shares. Buffett became a big fan of Apple after one of his investing managers Ted Weschler or Todd Combs convinced him to buy the stock years ago. Buffett even called the tech giant his second-most important business after Berkshire’s cluster of insurers. Apple Inc RT Quote | Last NYSE Arca, VOL From CTA | USD After Hours: Last | 05/03/24 EDT 183.78+0.40 (+0.22%) 183.38+10.35 (+5.98%) Close WATCHLIST+ QUOTE DETAILS Apple Many has speculated that the 93-year-old investing icon reduced his favorite stake due to valuation concerns. Apple’s stock gained a whopping 48% in 2023 as megacap tech shares led the market rally. At its peak, Apple ballooned in Berkshire’s equity portfolio, taking up 50% of it. The shares are trading at more than 27 times forward earnings. Shares of the iPhone maker got a big boost in the past week after the firm announced that its board had authorized $110 billion in share repurchases, the largest in company history. However, Apple posted a decline in overall sales and in iPhone sales. The shares are down more than 4% so far this year amid concerns about how it will revive growth. It’s not without precedent that the Berkshire CEO would adjust the Apple bet. He sold a bit of the stock in the fourth quarter of 2020, but Buffett admitted then that it was “probably a mistake.” Also it’s not usual for Buffett to trim a position that has grown so large. Even with the sale, Berkshire is still Apple’s largest shareholder outside of exchange-traded fund providers. MORE FROM BERKSHIRE HATHAWAY’S ANNUAL MEETING * Watch Live: 2024 Berkshire Hathaway Annual Shareholders Meeting * Follow Warren Buffett’s commentary at Berkshire Hathaway’s annual meeting: Live updates * Berkshire Hathaway operating earnings soar 39% as Buffett’s cash hoard swells to record $188 billion * Warren Buffett’s Berkshire Hathaway cut Apple investment by about 13% in the first quarter * Warren Buffett shopping extravaganza kicks off with Squishmallows pit * Nhận đường liên kết * Facebook * Twitter * Pinterest * Email * Ứng dụng khác NHẬN XÉT ĐĂNG NHẬN XÉT BÀI ĐĂNG PHỔ BIẾN TỪ BLOG NÀY SMARTPHONE GIANTS LIKE SAMSUNG ARE GOING TO TALK UP ‘AI PHONES’ THIS YEAR — HERE’S WHAT THAT MEANS tháng 2 25, 2024 Samsung Electronics Co. Galaxy S24 smartphones during a media preview event in Seoul, South Korea, on Monday, Jan. 15, 2024. Samsung, the world’s most prolific smartphone maker, is leaning into artificial intelligence as the key to unlocking greater sales this year. Photographer: SeongJoon Cho/Bloomberg via Getty Images SeongJoon Cho | Bloomberg | Getty Images Artificial intelligence phones: these are the buzzwords you’ll likely hear this year, as smartphone players look to jump on the AI hype to boost sales of their devices after a difficult stretch of time. OpenAI’s ChatGPT, released in late 2022, sparked huge interest in generative AI, specifically — models trained on huge amounts of data that are able to produce text, images and prompts from user videos. Since then, AI excitement has touched every industry and entered the popular imagination. Smartphone makers see a chance to cash in and are going to be touting the tech at the Mobile World Congress (MWC), the biggest mobile indus Đọc thêm TRUMP WILL QUIT NATO, HILLARY CLINTON SAYS, AS ANXIETY MOUNTS OVER U.S. COMMITMENT TO THE ALLIANCE tháng 2 18, 2024 Former U.S. President and current GOP Presidential candidate Donald Trump addresses the press at Mar-a-Lago on February 16, 2024, in West Palm Beach, Florida. Joe Raedle | Getty Images News | Getty Images MUNICH, Germany — NATO members on Saturday weighed the U.S.′ possible withdrawal from the military alliance if Donald Trump returns to the White House, with Hillary Clinton saying he would waste no time in quitting if re-elected. Clinton urged delegates at the Munich Security Conference to take her one-time presidential rival’s tough talk “literally and seriously” as anxiety mounts over the future of the U.S.-led pact. “He will pull us out of NATO,” Clinton told attendees during a lunchtime session. Trump stoked fresh concerns over the U.S.′ commitment to NATO last weekend when he said he would “encourage” Russia to attack any member that doesn’t meet its spending targets. He has long criticized the alliance’s failure to ensure members make good on their obligation to contribute 2 Đọc thêm A CHANGE TO THIS ONE CLAUSE COULD BE THE MOST IMPORTANT PART OF THE FED MEETING tháng 1 30, 2024 U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., on Dec. 13, 2023. Liu Jie | Xinhua News Agency | Getty Images Immediately after the Federal Reserve wraps up its meeting this week, all eyes are likely to gravitate to one small piece of wording that could unlock the future of monetary policy. In its post-meeting statement, the central bank is expected give an important hint about interest rate moves to come by removing a clause from previous statements that reads: “In determining the extent of any additional policy firming that may be appropriate to return inflation to 2 percent over time,” followed by an outlining of conditions it assesses. For the past year-plus, the wording has underlined the Fed’s willingness to keep raising interest rates until it reaches its inflation goal. Remove that clause and it opens the door to potential rate cuts ahead; keep it and policymakers will be sending a signal that they’re not sure what’s to come. The diffe Đọc thêm Được tạo bởi Blogger Hình ảnh chủ đề của Michael Elkan promy Truy cập hồ sơ LƯU TRỮ * tháng 7 20243 * tháng 5 20242 * tháng 3 20242 * tháng 2 20243 * tháng 1 20242 BÁO CÁO VI PHẠM Diese Website verwendet Cookies von Google, um Dienste anzubieten und Zugriffe zu analysieren. 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