Warren Buffett just revealed a shocking billion-dollar bet on Apple
- 8 years ago
Warren Buffett’s Berkshire Hathaway acquired 9.8 million shares in Apple, valued at $1 billion-plus, as of March 31.
This is surprising as Buffett has long been wary about investing in technology companies.
Shares of Apple rose two percent in premarket trading immediately following the report.
The tech giant has been trading well below highs set last summer amid slowing iPhone sales momentum.
This is surprising as Buffett has long been wary about investing in technology companies.
Shares of Apple rose two percent in premarket trading immediately following the report.
The tech giant has been trading well below highs set last summer amid slowing iPhone sales momentum.