Friday, 4 May 2018

Apple shares hit all time high on Buffet report; company moves closer to a one trillion dollar value

Thanks to an SEC filing indicating that Warren Buffet's investment vehicle purchased 75 million shares of Apple last quarter, the stock hit an all-time high today. The company, which Wall Street was in a "full panic mode" over, has soared 13% in a week (see the chart at the top of this story) and traded today as high as $184.25. The total value of the 240.3 million shares of Apple owned by Buffet rose today alone by $1.4 billion. Yikes! Consider that this rally came about simply because of the news that Buffet added to his holdings.

Earlier this week, Apple reported its fiscal Q2 earnings ...

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