Berkshire Hathaway Takes a Bite of Apple

Posted by at 11:18 am on May 16, 2016

Apple Logo BlueBerkshire Hathaway, famously managed by Warren Buffet, purchased 9,811,747 shares of Apple stock at the end of the first quarter.

Found in its latest 13F filing, required of investors with over $100 million in assets, the firm spent $1.096 billion on the buy. at the same time, the firm dumped all of its AT&T stock.

News of the buy caused the stock to jump $2 this morning

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