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World’s ‘biggest investor’ has halved its stake in Apple, and this may be the reason

By on August 5, 2024 0 19 Views

Warren Buffett’s Berkshire Hathaway reduced its stake in Apple by half, as part of a $76 billion stock sell-off. The move generated $47.2 billion in after-tax profit and left Apple as Berkshire’s largest holding. While the exact reasons remain unclear, Buffett suggested the sale might be due to tax considerations.

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