"Warren Buffett stated, "I sold it too soon," reflecting on his decision to reduce Berkshire Hathaway's Apple position, which was once valued at over $170 billion."
"Buffett highlighted that Berkshire made over $100 billion pretax on its Apple investment, emphasizing that Apple remains the largest single investment for the firm."
"Apple's recent performance has been impressive, with Q1 FY2026 revenue reaching $143.756 billion, marking a 15.65% year-over-year increase, and iPhone revenue hitting an all-time record."
"Tim Cook noted during the earnings call, "Today, Apple is proud to report a remarkable, record-breaking quarter, with revenue of $143.8 billion," showcasing the company's strong financial performance."
Warren Buffett acknowledged that he sold Berkshire Hathaway's Apple shares prematurely, stating, "I sold it too soon." Berkshire's Apple stake, once valued at over $170 billion, was reduced by two-thirds, leaving it at approximately $40 billion by the end of 2024. Despite this, Buffett emphasized the positive outcome, noting a pretax gain of over $100 billion. He praised Apple as superior to any business Berkshire owns outright, even as Apple reported record-breaking revenues, including $143.756 billion in Q1 FY2026.
Read at 24/7 Wall St.
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