Famed investor Warren Buffett again trims stake in Apple

The Sage of Omaha has decided to trim his Apple holdings, as part of what appears to be a small move away from big tech.

Buffett first invested in Apple in only 2016, and since then chiefly increasing its investment, starting in 2017 when it nearly quadrupled its stake in the company. By 2022, his Berkshire Hathaway firm was already reported to have earned over $100 billion from holding Apple shares.

According to the Financial Times, however, Buffett’s firm sold off 10 million Apple shares in the last three months of 2023. That represents around 1.1% of the company’s total stake in Apple.

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