Ace investor Warren Buffett’s company, Berkshire Hathaway, has sold nearly half its stake in tech giant Apple, selling nearly 50 per cent of the shares, leading to a rise in the Oracle of Omaha’s cash holdings to almost $280 billion.
In Saturday’s report, Berkshire didn’t give an exact count of its Apple shares, but it estimated the investment was worth $84.2 billion at the end of the second quarter even though shares soared over the summer as high as $237.23. At the end of the first quarter, Berkshire’s Apple stake was worth $135.4 billion.
