Buffett Continues to Trim Apple Stake, Apple to Hit iPhone Milestone in India, iPhone Release Cadence Change Coming?
Hello everyone. We will continue to run forward with story topics that have come out in the past week or so and which deserve our focus. Let’s jump in.
Buffett Continues to Trim Apple Stake
Here’s 9to5Mac:
"Warren Buffett’s Berkshire Hathaway has again scaled back its stake in Apple. In a regulatory filing this week, Berkshire disclosed that it sold 20 million shares of Apple during the June quarter. Nonetheless, Apple remains the conglomerate’s largest holding at 280 million shares, valued at over $64 billion.
Berkshire began buying Apple stock in 2016. At its peak in 2023, Berkshire Hathaway owned over 915 million shares of Apple, accounting for over 50% of the firm’s holdings. Buffett has trimmed those holdings over the last two years as part of a broader effort to stockpile cash. Berkshire currently holds more than $344 billion, as of the end of Q2 2025.
Buffett has been outspoken in his praise of Apple and Tim Cook. 'I’m somewhat embarrassed to say that Tim Cook has made Berkshire a lot more money than I’ve ever made,' Buffett said earlier this year. 'Nobody but Steve could have created Apple, but nobody but Tim could have developed it as he has. Steve picked Tim to succeed him, and he really made the right decision.'"
There was some thinking that Buffett may have been done with the Apple selling as Berkshire's Apple stake stood at an exact 300M shares. Berkshire's long-standing Coco-Cola stake is at an exact 400M shares.
As these share sales pile up (Buffett has trimmed Berkshire’s Apple stake by 70% from peak levels), my confidence level is growing that the selling has little to do with Apple’s business or valuation and more about Buffett wanting to give his successor Greg Abel the best chance of success.
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