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StockNews.com
StockNews.com
Business
Mangeet Kaur Bouns

Apple: Should You Buy Now to Invest Like Warren Buffett or Wait?

Warren Buffett has been aggressively accumulating Apple Inc. (AAPL) shares since 2016 in the Berkshire Hathaway (BRK.B) equity portfolio. Buffett’s Berkshire owns nearly 890 million shares of Apple, for a market value of about $890 billion. This makes AAPL Buffett’s top holding by far. The stock represents over 42% of Berkshire’s total investment portfolio.

Tech giant AAPL reported solid fourth-quarter results despite a challenging macroeconomic backdrop. The company posted $90.10 billion in revenues, up 8% year-over-year. Its earnings per share came in at $1.29, increasing 4% year-over-year.

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