Berkshire Hathaway's recent 13F filing revealed the sale of 20 million shares of Apple Inc. amid concerns regarding the company's slow rollout of major AI products. Although Apple's iPhone revenue grew 14% to $44.6 billion recently, the delay in launching AI-centric features raises questions about future revenue. Buffett has historically favored long-term investments but has expressed uncertainty with this sale. Apple remains a large holding, but as competition increases, doubts about its innovative edge compared to rivals such as Microsoft and Amazon surface.
Berkshire Hathaway sold 20 million shares of Apple Inc. despite the company's recent earnings performance and concerns about its slow rollout of AI products.
Despite strong iPhone sales growth, Buffett's recent sale of Apple shares raises doubts about the company's ability to maintain its competitive edge in technology.
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