Buffett's Apple Stake Triples In Value

Video Credit: Wochit News
Published on August 3, 2020 - Duration: 00:28s

Buffett's Apple Stake Triples In Value

Warren Buffett's investment in Apple has tripled in value to north of $100 billion.

Buffett's Berkshire Hathaway spent about $35 billion to build the 5.7% stake in Apple The 10% rise in Apple's stock price on Friday boosted its value to about $104 billion.

Business Insider reports that Berkshire's Apple position is now worth more than four times its second-largest holding, Bank of America.

Industry analysts call Buffett's investment into Apple "one of the best investments ever."

You are here

💡 newsR Knowledge: Other News Mentions

Related videos from verified sources

Buffett's Berkshire Hathaway Scores Huge Gains On Apple 00:35
Video credit: Wochit - Published on August 22, 2020 

What Accounts For Berkshire Hathaway's Market Capitalization? 00:33
Video credit: Wochit News - Published on August 19, 2020 

Warren Buffett Cautious With Berkshire Hathaway In 2nd Quarter 00:26
Video credit: Wochit Entertainment - Published on August 17, 2020 

You might like