Warren Buffett's Berkshire Hathaway halves its Apple stake

Warren Buffett’s Berkshire Hathaway has halved its Apple holding to $84.2 billion, according to an SEC filing.

While Apple remains its largest stock holding, this follows a 13% reduction earlier this year, indicating Buffett’s willingness to sell “a little Apple” for tax reasons.

The Financial Times reported significant profits from the sale, with Buffett historically avoiding tech investments until he began buying Apple stock in 2016. This move could suggest a shift in Buffett’s faith in Apple or a broader selling strategy, as Berkshire has also sold $3.8 billion in Bank of America shares.

The filing follows Apple's third-quarter earnings report, which highlighted declining iPhone sales but promising growth in iPad sales and upcoming AI feature launches.