Warren Buffett discloses huge $1.1bn stake in Apple

Warren Buffett’s Berkshire Hathaway has disclosed a stake in Apple, betting that the technology company will rebound after a slump driven by a slowdown in iPhone sales.

Warren Buffett discloses huge $1.1bn stake in Apple
Tue, 17 May, 2016 - 01:00

Berkshire held 9.81m shares as of the end of March, a regulatory filing from the billionaire’s Omaha, Nebraska-based company showed.

The holding was valued at $1.07bn at the end of the first quarter.

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Courtswarren buffettBerkshire HathawayPlace: Omaha, NebraskaPlace: LondonPerson: Warren BuffettPerson: BuffettPerson: Jeff MatthewsPerson: David TepperPerson: Carl IcahnPerson: CEOPerson: Tim CookPerson: Cyrus MewawallaPerson: Todd CombsPerson: Ted WeschlerOrganisation: AppleOrganisation: Berkshire HathawayOrganisation: BerkshireOrganisation: CM Research
<p>Under the model, the HCCI said that home care referrals are issued simultaneously to all approved providers, who must respond immediately to secure the allocation.</p>

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