Berkshire Hathaway Slashes Apple Stake by Over 75% from Peak
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Berkshire Hathaway has significantly reduced its stake in Apple, cutting its holdings by over 75% from its peak to approximately 230 million shares, valued near $55 billion. While Apple remains Berkshire's largest single equity holding, this substantial divestment by a prominent, long-term investor is a material development. The article also mentions Apple's preparations for AI updates at WWDC 2026, including potential Gemini integration and Siri upgrades, and speculative reports of new hardware like foldable iPhones and smart glasses. The AI strategy at WWDC was previously reported on March 27th, making that aspect partially redundant, though new details are provided. Traders will closely watch the market's reaction to Berkshire's reduced exposure, as it could signal a shift in sentiment from a highly influential investor, while also anticipating concrete AI announcements at the upcoming WWDC.
At the time of this announcement, AAPL was trading at $253.70 on NASDAQ in the Technology sector, with a market capitalization of approximately $3.7T. The 52-week trading range was $169.21 to $288.62. This news item was assessed with neutral market sentiment and an importance score of 8 out of 10. Source: Wiseek News.