Buffett's Berkshire Hathaway bought 75 mln more Apple shares in Q1- CNBC
In This Article:
May 3 (Reuters) - Berkshire Hathaway Inc bought 75 million additional Apple Inc shares in the first quarter, CEO Warren Buffett told CNBC on Thursday.
"If you look at Apple, I think it earns almost twice as much as the second most profitable company in the United States." CNBC quoted Buffett as saying https://cnb.cx/2HLPdIp.
Berkshire said in February its Apple stake grew by about 23 percent since the end of September to roughly 165.3 million shares worth $28 billion.
Berkshire Hathaway was not immediately available for comment. Apple did not immediately respond to a Reuters request for comment. (Reporting by Philip George in Bengaluru; Editing by Amrutha Gayathri)
Terms and Privacy Policy