The Warren Buffett-led conglomerate now owns only $84.2 billion in Apple stock, down nearly 50% from the $174.3 billion it held in December.
A safe conclusion is that Berkshire is getting defensive, meaning Berkshire could be playing it safe and responding to high stock market valuations, or concerns about the U.S. economy.
Berkshire has now cut its Apple stake for three quarters in a row.
Buffett hinted that Berkshire cut its Apple holdings for tax reasons and that he remained confident in Apple.
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