Warren Buffett's Berkshire Hathaway decided it was time to let go of a significant chunk of its Apple stock, cutting its holdings by half. The investment giant now holds a mere $84.2 billion in Apple shares, down from a much larger stake. This move has sparked a lot of speculation and chatter among market watchers.
Berkshire's decision comes amid various market conditions and strategic shifts. While Apple remains one of its largest investments, the reduction signals a notable change in Berkshire's portfolio strategy. This could be seen as a calculated move to rebalance and diversify its investments, or simply taking some profits off the table.
The sale has raised questions about the future trajectory of Apple’s stock and Berkshire's investment strategy. Whether this move will impact Apple's stock price significantly remains to be seen, but it certainly has caught the market's attention.
For more details, check out the full article on TechCrunch [here](https://techcrunch.com/2024/08/03/warren-buffets-berkshire-hathaway-sells-half-its-apple-stock/).
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