From Nasdaq: 2024-05-11 03:35:00

Berkshire Hathaway releases first-quarter report with a noticeable decrease in Apple position, now estimated at $135.4 billion compared to $174.3 billion in December. Buffett praises Apple but prefers to raise cash, citing potential federal tax rate changes. Berkshire’s cash position swells to $182.3 billion, indicating a defensive market approach. Apple still viewed as a quality buy despite trimming.



Read more at Nasdaq: Warren Buffett’s Berkshire Hathaway Cuts Apple Stake by 12.9%. Time to Sell?