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Buffett's Berkshire Hathaway bought 75 million more Apple shares in first quarter - CNBC

Reuters 

(Reuters) - Berkshire Hathaway Inc bought 75 million additional Apple Inc shares in the first three months of the year, CEO Warren Buffett told CNBC on Thursday, aggressively ramping up its bets on the iPhone maker.Buffett's Apple commitment over the past two years has surprised many, given his historical aversion to companies associated with the technology sector.Berkshire's initial investment in Apple was small, suggesting it was made by one of Buffett's investment deputies, but with the latest stake purchase, it has grown to a solid 240.3 million shares worth $42.5 billion."If you look at ...

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First Published: Fri, May 04 2018. 09:36 IST
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