Stocks

Warren Buffett’s Berkshire Hathaway’s Lucrative Apple Investment

Published June 21, 2024

Warren Buffett’s Berkshire Hathaway BRK-A has strategically positioned itself as one of the largest shareholders in Apple Inc. AAPL, a leading American multinational technology giant. Owning a substantial 5.1% stake in Apple, Berkshire Hathaway holds an impressive 789,368,450 shares. The iPhone maker is not just another portfolio entry for the Omaha-based conglomerate; it's a major asset, representing over 40% of Berkshire's investment portfolio.

An Overview of Apple Inc.

With roots deeply woven into consumer electronics, computer software, and online services, Apple AAPL has emerged as the world's largest technology firm by revenue, boasting numbers as high as $274.5 billion in 2020. In January 2021, it earned the title of the world’s most valuable company. Apple stands tall among the elite ranks of the world's top PC and smartphone manufacturers and is part of the influential Big Five in U.S. information technology, alongside Amazon, Google, Microsoft, and Facebook.

Berkshire Hathaway's Strong Foothold in Various Sectors

Berkshire Hathaway BRK-A, famed for its value investing philosophy, has a diversified control in multiple industries. Owning an entire array of companies such as GEICO, Duracell, and Dairy Queen, along with significant stakes in industry majors like Kraft Heinz, American Express, and the Coca-Cola Company, Berkshire Hathaway is a behemoth in the world of business and investments. Its stake in Apple AAPL, which equates to 6.3% of the latter's business, is a testament to Buffett's confidence in the tech leader's performance and future prospects.

Buffett, Berkshire, Apple