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Benzinga
1 min

Buffett Cut His Apple Stake In Q2, But He's Still Up A Cool $16 Billion Since Then

1. Berkshire Hathaway reduced its AAPL stake by 7% in Q2. 2. AAPL's value soared, increasing Berkshire's stake to $65.37 billion. 3. Apple expects record revenue growth of 10%-12% in Q1. 4. CEO Tim Cook indicates strong demand across products and services. 5. AAPL shares hit an all-time high of $272.37 recently.

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FAQ

Why Bullish?

Apple's anticipated revenue growth and high stock price indicate strong future performance.

How important is it?

Strong anticipatory outlook and major shareholder's stake movement influence investor sentiment.

Why Short Term?

Q1 growth expectations will likely influence AAPL's price in the near term.

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