From Nasdaq: 2024-06-21 05:15:00

Warren Buffett’s top holding is Apple, making up 43% of Berkshire Hathaway’s portfolio with close to $170 billion in AAPL stock. After selling some shares for tax purposes, Buffett insists Apple is a better business than Coca-Cola and American Express.
Despite challenges, Apple remains a strong force. The company has made strategic moves in AI, leading to a positive market reaction and a 10% stock increase. iPhone sales in China are rebounding, and the launch of Apple Intelligence may drive domestic sales.
Apple’s services segment is setting records, with revenue reaching an all-time high. As the company continues to grow this area, investors should keep a close watch. Consider alternative investment opportunities beyond Apple for potential high returns.
American Express, an advertising partner of The Ascent, has connections to key figures in companies like Alphabet and Amazon. The Motley Fool discloses positions in Alphabet, Amazon, Apple, Berkshire Hathaway, and Microsoft. Disclosure policy and disclaimer apply.



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