Tuesday, 7 August 2018

Warren Buffet's Apple holdings are now valued at $50 billion

Back in April, when Apple's shares were tanking as worries piled up over iPhone X sales, billionaire investor Warren Buffet scooped up the stock being dumped by Apple shareholders. At the time, we told you that Wall Street was "in full panic mode" over Apple, reflected in a quick 8% drop that removed $75 billion off of the company's valuation at the time.

Buffet's holding company, Berkshire Hathaway, snatched up 75 million shares of Apple during the first quarter of this year at an unknown price. As of the end of June, Berkshire Hathaway's 10-Q filing with the SEC ...

No comments:

Post a Comment