Warren Buffett's recent filing with the SEC revealed he has offloaded his holdings in Bank of America and Citigroup, yet retains a significant investment in Apple, his largest holding. He sold 100 million Apple shares last quarter but still holds approximately 300 million shares valued at $75 billion. Apple's performance has been mixed, particularly in the crucial Chinese market, where its share has declined. Despite this, Buffett's continued investment indicates his long-term confidence in Apple, even as its latest financial reports reflect challenges in global market positioning.
Warren Buffett recently sold significant shares of Bank of America and Citigroup but maintained his substantial investment in Apple, keeping it as his largest holding.
Despite selling 100 million shares of Apple last quarter, Buffett still retains about 300 million shares worth $75 billion, underscoring his continued confidence in the tech giant.
Apple's market share has faced challenges, particularly in China, where it fell to third place, affecting its revenue and positioning against local competitors.
Buffett's decisions, often shrouded in mystery as he rarely explains his buys or sells, continue to influence investor sentiment towards Apple's performance amid mixed market signals.
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