(Bloomberg) At Berkshire Hathaway Inc.’s annual meeting in Omaha on Saturday, Warren Buffett heaped praise on Apple Inc. — after revealing he’d cut his stake in it.Most Read from BloombergTruce Talks Shift to Qatar as Hamas Hits Israel Border CrossingFrance’s Macron Calls for Reset of Economic Ties With ChinaBuffett Praises Apple After Trimming It, Drops Paramount StakeTreasury Rally Risks Running Into a $125 Billion Brick Wall‘Civil War’ Is a Gift to Trump’s OpponentsBerkshire reported a $13
(Bloomberg) At Berkshire Hathaway Inc.’s annual meeting in Omaha on Saturday, Warren Buffett heaped praise on Apple Inc. — after revealing he’d cut his stake in it.Most Read from BloombergFrance’s Macron Calls for Reset of Economic Ties With ChinaIsrael Shuts Gaza Crossing After Hamas Rocket Barrage From RafahEverything Apple Plans to Show at May 7 ‘Let Loose’ iPad EventBerkshire Cash Hoard Scores Another Record as Earnings GainWorsening Weather Is Igniting a $25 Billion MarketBerkshire repor
Berkshire reported first-quarter earnings that showed that its cash pile swelled to $189 billion as of March 31 while the size of its stake in Apple fell.