From Nasdaq: 2024-05-24 06:40:00

Warren Buffett sold 116 million shares of Apple during the first quarter, raising questions about his faith in the tech giant. Despite Buffett’s historical avoidance of the technology sector, Apple became his top position in Berkshire’s portfolio, now comprising 41%. With Apple’s high valuation and revenue challenges, investors may want to hold off on buying the stock. The Motley Fool identifies Apple as a risky investment compared to other opportunities.



Read more at Nasdaq: Warren Buffett Once Referred to Apple As the Best Business in the World. So Why Did He Just Sell 116 Million Shares?