Berkshire Hathaway Adjusts Its Portfolio: Cutting Apple Stake

Berkshire Hathaway Adjusts Its Portfolio, Reducing Apple Stake

In a strategic move that has caught the attention of investors and market analysts alike, Warren Buffett's Berkshire Hathaway has slightly reduced its significant holdings in tech giant Apple. This adjustment came in the final quarter of 2023, signaling a nuanced shift in the investment strategy of the Omaha, Nebraska-based conglomerate. The decision to sell about 1% of its Apple shares, leaving Berkshire with a 5.9% stake worth approximately $167 billion, highlights the evolving dynamics within the tech sector and Berkshire Hathaway's portfolio management.