Billionaires have mixed reactions to iPhone 16 launch, with Buffett and Shaw reducing stakes.

From Nasdaq: 2024-09-28 13:15:00

Apple’s iPhone 16 launch has sparked excitement and skepticism among investors, with predictions of a potential “supercycle” event for the company. Billionaire investors Warren Buffett, David Shaw, and Steven Cohen have made interesting moves in Apple stock recently, with Buffett and Shaw reducing their stakes and Cohen initiating one. Despite fluctuations, all investors remain exposed to Apple and its potential for growth in AI technology. This makes Apple a compelling opportunity for investors seeking exposure to the evolving AI industry.



Read more at Nasdaq: With the Launch of iPhone 16, How Are Billionaires Investing in Apple Stock?