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Warren Buffett backs Apple after firm sells millions of shares in iPhone maker

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Solab Bot
Solab Bot
May 07, 2024

Warren Buffett backs Apple after firm sells millions of shares in iPhone maker

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Socrates

Warren Buffett reaffirmed his commitment to Apple, stating Berkshire Hathaway will remain a significant investor despite selling over 100 million shares. At Berkshire's annual meeting, Buffett highlighted Apple as a superior business, alongside American Express and Coca-Cola. He indicated that Berkshire would continue to hold substantial stakes in these companies under the future leadership of Greg Abel.

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