Berkshire Hathaway sold $800 million in Apple stock over the last quarter, according to SEC filings published on Friday. Depending on when Warren Buffett's real estate company sold the 3.7 million Apple stock, it will have earned between $806 million and nearly $1.1 billion.

warren buffett
According to Business Insider, what might look like a massive sale is actually only a small portion of Buffett's investment in the tech company. Berkshire is Apple's biggest shareholder with a 5.4 percent stake worth $72 billion, according to Bloomberg data.

It's unclear what prompted the sale, but the company may have wanted to diversify its holdings, given some of its other investments in the last quarter, such as Kroger and Biogen. Apple accounts for 30 percent of Berkshire Hathaway's portfolio. Another possible reason for the sell-off is to cash out after Apple's stock surged by a third last quarter, from around $219 to $294.

Historically, Buffett has shied away from investing in technology companies, but the business magnate has suggested he sees Apple more as a consumer company and has been a long-term investor in the iPhone maker.

Last month, Apple reported quarterly revenue of $91.8 billion and net quarterly profit of $22.2 billion, or $4.99 per diluted share, compared to revenue of $84.3 billion and net quarterly profit of $20.0 billion, or $4.18 per diluted share, in the year-ago quarter. The quarter was the best in Apple's history, topping the first fiscal quarter of 2018.

Top Rated Comments

cardfan Avatar
25 months ago
Pretty nonstory considering what his holdings are. He basically sold 1-2% of his Apple stock? Could be for any reason. Tax, free up cash, etc.
Score: 4 Votes (Like | Disagree)
Baymowe335 Avatar
25 months ago
Nothing story for anyone who understands the full picture and how all this works.


we need to know how much stock Berkshire Hathaway actually kept! Right now it makes the stock look bad and will affect opening trading value.
We do know how much he kept and the answer is, almost all of his 250M shares. This was a tiny, tiny portion of his holding that could have been sold for many reasons. What is his opinion on AAPL if he kept 99% of his shares?


Carl Icahn, as creepy as he looks is a VERY astute trader and businessman. His “interference” brought us the 8:1 split a few years back of Apple stock. I’m sure a BERY large amount of investors loved that month! If I recall Apple was close to $120, then 8:1 spliteach common stock was at $80 after the split then rose to $100 in less than 30 days held it orincreased ever since!
A bird in the hand is worth 2 in the bush yet baby 7 extra is a party!!
It was 7:1 and stock splits do nothing for value.

Carl Icahn sold his AAPL shares around $90 and was completely foolish to do so.
Score: 3 Votes (Like | Disagree)
DelayedGratificationGene Avatar
25 months ago
Apple stock makes up 29% of Buffett portfolio. One stock making up almost a third of the entire portfolio is really unbelievable. Buffet did say Apple has the stickiest products he has ever seen and when he sees value he goes all in.
Score: 2 Votes (Like | Disagree)
CarpalMac Avatar
25 months ago
What, no creepy Carl Ichan photo? Haven't seen one of them in a while!

Interesting though that he piled in just before (I think) a huge amount of Apple buyback occurred. Just sayin...
Score: 2 Votes (Like | Disagree)
Expos of 1969 Avatar
25 months ago
Classy guy. Doesn't appear to go out in public wearing an Apple watch.
Score: 2 Votes (Like | Disagree)
nylonsteel Avatar
25 months ago
warren buffet is the man
Score: 1 Votes (Like | Disagree)

Popular Stories

AirPods Pro Gen 3 Mock Feature Red

AirPods Pro 2 Could Start a New Accessory Ecosystem

Friday January 14, 2022 2:34 am PST by
Apple's second-generation AirPods Pro could arrive alongside a new series of accessories, recent leaked images suggest. Alleged leaked photos of the next-generation AirPods Pro obtained by MacRumors showed a charging case with a metal loop on the side for attaching a strap. Apple has not used this design for any of its other AirPod models and it is unclear why it would be added in this...
netflix2

Netflix Again Raises Prices for All Plans, 4K Streaming Now $20 Per Month

Friday January 14, 2022 12:46 pm PST by
Netflix today updated the prices for its streaming plans, and all of its offerings are now more expensive. The Basic plan is now priced at $9.99 per month, the Standard plan is priced at $15.49 per month, and the Premium plan is priced at $19.99 per month. The Basic plan is $1 more expensive, up from $8.99 per month. This plan allows users to watch on just one screen at a time, and it limits ...
iPhone 14 Mock pill and hole 16x9 120hz

Analyst: All iPhone 14 Models to Feature 120Hz Displays, 6GB of RAM, and More

Friday January 14, 2022 7:02 am PST by
Apple is rumored to announce four new iPhone 14 models in September, and ahead of time, analyst Jeff Pu has outlined his expectations for the devices. In a research note with Haitong International Securities, obtained by MacRumors, Pu claimed that all iPhone 14 models will feature ProMotion displays, compared to only Pro models currently. ProMotion enables a variable refresh rate up to 120Hz ...
Unlikely Products 2022 Feature

Six Rumored Apple Products You're Unlikely to See This Year

Saturday January 15, 2022 2:06 pm PST by
Much has been said about what consumers could see from Apple in 2022, but the company is also working on a handful of rumored products that aren't expected to be unveiled for at least another 12 months, and in some cases a lot longer. Of course, that's assuming they get released at all. Apple works on many potential products some of which ultimately never see the light of day. With that in...
top stories 20220115

Top Stories: iPhone 14 Pro Rumors, iCloud Private Relay Controversy, iOS 15.2.1 Released, and More

Saturday January 15, 2022 6:00 am PST by
Hole-punch? Pill? Hole-punch and pill? Rumors about what the front camera system on the iPhone 14 Pro will look like are evolving rapidly, and it now appears we might be getting a novel but potentially controversial design later this year. Other major stories this week included some confusion and controversy about iCloud Private Relay being disabled for some T-Mobile customers, increasing...
iPhone 14 Mock pill and hole thumb

ProMotion Now Expected to Remain Exclusive to iPhone 14 Pro Models, Not Expand to Entire Lineup

Sunday January 16, 2022 8:56 am PST by
Continuing the tradition set with the iPhone 13 Pro, only the highest-end iPhone 14 models will feature Apple's ProMotion display technology, according to a respected display analyst. Ross Young, who on multiple occasions has detailed accurate information about Apple's future products, said in a tweet that ProMotion will not be expanded to the entire iPhone 14 lineup and will remain...
iPad Pro Big Ol Logo Orange

Next iPad Pro Might Feature Large Glass Apple Logo to Allow Wireless Charging

Friday January 14, 2022 10:44 am PST by
Bloomberg's Mark Gurman and Debby Wu last year reported that Apple had tested a new iPad Pro with a glass back for wireless charging capabilities. In a recent edition of his newsletter, Gurman said he expects the new iPad Pro to be released in 2022. While the new iPad Pro is still on track to feature wireless charging, 9to5Mac's Filipe Espósito today reported that Apple may have ultimately...
ipad air 4 video

New iPad Air Rumored to Launch This Spring With A15 Chip, 5G, Center Stage Camera, and More

Saturday January 15, 2022 8:05 pm PST by
Apple is planning to release a fifth-generation iPad Air with similar features as the sixth-generation iPad mini, including an A15 Bionic chip, 12-megapixel Ultra Wide front camera with Center Stage support, 5G for cellular models, and Quad-LED True Tone flash, according to Japanese blog Mac Otakara. Citing reliables sources in China, the report claims that the new iPad Air could be...