Buffett's Berkshire Hathaway bought a stunning 75 million Apple shares in first quarter
Publishing timestamp: 2018-05-04 02:43:54
Summary
Warren Buffett's Berkshire Hathaway bought an additional 75 million shares of Apple in the first quarter, adding to their already substantial stake. Apple CEO Tim Cook expressed gratitude for Buffett's investment. Buffett praised Apple as an unbelievable company and revealed additional purchases in an interview ahead of Berkshire Hathaway's annual shareholders meeting. Apple's shares hit an all-time high after Buffett's revelation and the company's stronger-than-expected quarterly earnings report.
Sentiment: POSITIVE
Keywords: squawk box u.s., investment strategy, warren buffett, asia news, apple inc, business news, quotes, berkshire hathaway inc,