Berkshire Hathaway significantly reduced its Apple stock holdings, going from over 900 million shares to 280 million. The company’s move to sell shares could be due to uneven business results and stagnant momentum in AI. Challenges in China may also be a factor in Berkshire’s decision to decrease its position in Apple.

Berkshire Hathaway’s latest 13F filing revealed it sold a substantial number of Apple shares in the second quarter. Despite Apple being Berkshire’s largest public stock holding, the conglomerate has been steadily reducing its position in the tech giant since 2023. Apple’s underperformance in the tech sector this year could be driving Berkshire’s divestment trend.

Apple’s business results have been inconsistent, with strong sales and earnings in the most recent quarter. However, Apple’s AI platform lags behind competitors, which could be a concern for Berkshire. Weak performance in China, tariffs, and manufacturing issues have also contributed to Apple’s lackluster stock performance.

While Apple remains a key player in the tech industry, issues with AI development, slow sales growth, and challenges in China may have influenced Berkshire’s decision to sell shares. Despite Apple’s potential for long-term success, Buffett’s company’s divestment moves indicate concerns about the tech giant’s future performance.

Read more at Nasdaq: Why Is Warren Buffett Dumping Apple Stock Right Now?