Buffett’s Berkshire more than doubled its stake in Apple

“Apple strikes me as having quite a sticky product and an enormously useful product to people that use it, not that I do,” said Buffett, chairman and chief executive of Berkshire Hathaway. He said Berkshire’s Apple stake, currently at about 133 million shares, was worth about $18 billion based on Friday’s closing price and amounted to Berkshire’s second-biggest holding.

At the end of Dec. 31, Berkshire had held 61.2 million shares for a total of $6.75 billion, according to regulatory filings.

Source: UPDATE 5-Buffett’s Berkshire more than doubled its stake in Apple -CNBC

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