Get the latest tech news
Warren Buffett's Apple stock selloff will cost $15 billion in taxes — more than what Coca-Cola makes in a year
Berkshire Hathaway halved its Apple holdings earlier this year
Warren Buffett’s Berkshire Hathaway halved its stake in Apple in the second quarter, a selloff that could cost the Omaha-based conglomerate more than what Coca-Cola brings in in a year. The stock has soared since Apple unveiled its AI plan in early June during its Worldwide Developers Conference. Analysts have predicted Apple shares will only continue to surge in the long term as they see its AI-powered iPhones revolutionizing the smartphone market.
Or read this on r/apple