Warren Buffet's Apple holdings are now valued at $50 billion

Warren Buffet's Apple holdings are now valued at $50 billion
Back in April, when Apple's shares were tanking as worries piled up over iPhone X sales, billionaire investor Warren Buffet scooped up the stock being dumped by Apple shareholders. At the time, we told you that Wall Street was "in full panic mode" over Apple, reflected in a quick 8% drop that removed $75 billion off of the company's valuation at the time.

Buffet's holding company, Berkshire Hathaway, snatched up 75 million shares of Apple during the first quarter of this year at an unknown price. As of the end of June, Berkshire Hathaway's 10-Q filing with the SEC revealed ownership of roughly 246.5 million shares of Apple currently valued at more than $51.5 billion. That's billion, guys, with a b.

Apple CEO Tim Cook has always welcomed Buffet's growing ownership of Apple. After all, the Oracle of Omaha is a long-term investor and often holds his stock for decades. He also isn't a corporate raider like another Apple investor, Carl Icahn. The anti-Buffet, Icahn sold out of Apple in 2016 and while he did score a $2 billion profit, if he had held on for a little longer than two additional years, his rewards would have been much greater.


While Apple is the largest holding of Berkshire Hathaway, the latter owns 5.1% of Apple. That makes it the third largest investor in Apple after investment fund companies Vanguard and BlackRock.

source: SEC via AppleInsider

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19 Comments

1. Sakeem

Posts: 865; Member since: Sep 05, 2012

Must be nice!

2. Plasticsh1t

Posts: 3109; Member since: Sep 01, 2014

Dude's loaded!

3. mrsmith5280

Posts: 30; Member since: Jul 23, 2018

Great!

4. darkkjedii

Posts: 31678; Member since: Feb 05, 2011

I’d straight cash out right now lol. Dub Breezy got bank.

5. apple-rulz

Posts: 2198; Member since: Dec 27, 2016

What the hell language was that?!?!?? Learn how to enunciate old man, don’t you have any pride????

6. Plasticsh1t

Posts: 3109; Member since: Sep 01, 2014

Legit question : why you are so attached to some online stranger to you? Do you have some beef against the guy? Did he hurt you in any way? Dude seriously smh.

8. apple-rulz

Posts: 2198; Member since: Dec 27, 2016

Why are you so attached to what I write? I know you have a h@rd on for darkidiot, but don’t try to play the role of his protector. He’s an old fool that’s fun to poke and bait, he asks for it by running his mouth all the time with bullsh!t and lies, and I consider it my duty to keep him grounded.

9. darkkjedii

Posts: 31678; Member since: Feb 05, 2011

I pissed him off too many times, now he’s out to get me lol. I really would cash out tho bro. 50 bill, man oh man. What’s your next phone bro?

11. Plasticsh1t

Posts: 3109; Member since: Sep 01, 2014

Based on his reply to me he seems really pissed off over a tech website. Poor thing. I'm looking forward over the new iPhone but I don't know if I'm getting the 6.5 or the 5.8. Choices choices.

14. darkkjedii

Posts: 31678; Member since: Feb 05, 2011

I’m definitely getting the Note 9, I still want the 6.5 inch iPhone, but I really wanna see 3 things. Split view, picture in picture, and Pencil support. I really want it to be a big step up from the X I have now. As soon as preorders go live for the Note 9, I’m selling my 8, already got a couple buyers lined up. That Bluetooth S-Pen is a must for me.

15. Plasticsh1t

Posts: 3109; Member since: Sep 01, 2014

The Note 9 looks very interesting. Since the beginning of 2018 and I haven't seen any phone that caught my attention except for the Note 9 and the new iPhones. Based on the rumors the Note 9 got some interesting unique tech that can get potential buyers. More choice = happy customers.

16. darkkjedii

Posts: 31678; Member since: Feb 05, 2011

Truth. Those are the only two phones I’m interested in as well. Due to how much I love and use the S-Pen, I have to have a Note, so that’s a no brainer for me now. Choice is king.

12. apple-rulz

Posts: 2198; Member since: Dec 27, 2016

I already got ya, and you know it. #shook #bro #mydude

17. izim1

Posts: 1607; Member since: Feb 04, 2013

Dude, you forgot to "plus one" this comment like you do all of your other comments...

7. chris2k5

Posts: 291; Member since: Nov 17, 2012

Its hilarious how year after year morons say its the end of Apple. But consistently they've kept growing bigger and bigger. You have to be a fool to bet against Apple for the next 20 years at least.

10. darkkjedii

Posts: 31678; Member since: Feb 05, 2011

I think this years iPhones will send the stock up more.

18. izim1

Posts: 1607; Member since: Feb 04, 2013

Youd have to be a fool to think apple is incapable of failing. Theyve done it before. Other bigger companies have done it before. No company is immune to failing. If you think apple is a guarantee for the next 20years, you go ahead and bet your house on them...

19. darkkjedii

Posts: 31678; Member since: Feb 05, 2011

Damn, you do have a point there. It can happen.

20. cncrim

Posts: 1590; Member since: Aug 15, 2011

The big whale will make money and the small one the one will loose if the whale decide to sale the share.

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