Warren Buffett has sold Apple shares !

There is news that Warren Buffett has sold Apple shares. Securities and Exchange Commission filings have confirmed that investor Warren Buffett’s group Berkshire Hathaway has reduced its stake in Apple Company by about 1 percent in the last quarter of 2023. After the sale, Berkshire Hathaway’s stake in Apple Company is now only 5.9 percent, which means its value is now around $ 176 billion.

Market experts said Buffett’s decision to reduce his investment in Apple Company and the company’s required reduction of 78 percent in its HP stake a challenge for hardware-focused technology companies.

Warren Buffett has sold Apple shares last year itself.

Warren Buffett has reduced his stake in Apple by 1 percent in the last quarter of 2023. On the contrary, Warren Buffett has recently chosen the energy sector in his investment options and given it priority. In the last quarter of 2023, the company increased its stake by more than $18 billion. Not only this, the investment stake in Occidental Petroleum has also elevated to about $14.5 million.

Also, Buffett made the list of charity donations in 2023 last year by providing stocks worth US$541.5 million.

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