You are here

Berkshire takes huge bite of Apple, boosts airline stakes

It also discloses new stakes in satellite radio company Sirius XM and seed company Monsanto
Thursday, February 16, 2017 - 05:50

Berkshire's initial investment in Apple got attention last year, given Mr Buffett's usual aversion to technology companies - apart from IBM - which he considers outside his zone of competence.

New York

WARREN Buffett's Berkshire Hathaway Inc was an aggressive buyer of stocks in last year's fourth quarter, nearly quadrupling its stake in Apple Inc and increasing its stake sevenfold in the four biggest US airlines.

In a regulatory filing, Berkshire reported owning 57.4

Market voices on:

Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at

Powered by GET.comGetCom