Steve Jobs before his death spoke with Warren Buffett about what to do with Apple’s extra cash on hand, but didn’t take his advice. Buffett suggested that Jobs buy back Apple stock but Jobs “just liked having the cash.
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When Warren Buffett's Berkshire Hathaway makes big moves in the market, this time for selling off a portion of its Apple stock, investors tend to notice. The move has sparked interest and
Discover how Warren Buffett amassed his $150 billion net worth, and how the Berkshire Hathaway CEO spends his fortune.
Apple’s services revenue grew, but Buffett reduced his stake amid iPhone sale struggles. Read why AAPL stock may still be a solid long-term investment.
The great majority of your money remains in equities,” Buffett wrote in his highly-anticipated annual letter. “That preference won’t change.”