SUBSCRIBERS

Berkshire takes huge bite of Apple, boosts airline stakes

It also discloses new stakes in satellite radio company Sirius XM and seed company Monsanto

Published Wed, Feb 15, 2017 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    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 million shares of Apple as at Dec 31, which would now be worth US$7.74 billion, up from just 15.2 million shares in the iPhone maker three months earlier.

    Share with us your feedback on BT's products and services