– Buffett Bought 75M Apple Shares During Q1; Total Stake Now Worth $42.5B:
Warren Buffett took a break from explaining his views on bitcoin to pop star Katy Perry to reveal during an interview this week that Berkshire Hathaway bought another 75 million Apple shares during the first quarter – bringing Berkshire’s total stake to 240.3 million shares worth roughly $42.54 billion.
That’s nearly twice as much stock as Apple itself bought back during the first quarter as it marshaled a flood of repatriated profits unleashed by the Republican tax reform law to carry out the largest corporate buyback in US corporate history.
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