Warren Buffett Ups Stake In Apple
by Forbes Middle East Forbes Middle East - Business News
Billionaire Warren Buffett bought 31.2 million shares of Apple in the last three months of 2017 through his company Berkshire Hathaway.
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This makes Apple Berkshire Hathaways largest common stock investment, surpassing Wells Fargo & Co.He also dumped more than 94% of his shares in IBM, worth around $5 billionby the end of 2017, Buffett had approximately two million shares in the company, down from 37 million shares earlier in the year. Although he displayed confidence when he invested in IBM in 2011, he told shareholders in May 2017 that he thought it would perform better.
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Created on Feb 16th 2018 04:53. Viewed 1,026 times.
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