Warren Buffett said he would buy "a whole lot" of Apple Inc. stock if prices decline, signaling continued confidence in the iPhone maker even after Berkshire Hathaway reduced its holdings, the Benzinga article said. He made the comments while appearing on CNBC's "Squawk Box" on the sidelines of a charity auction with NBA player Stephen Curry.
The comments follow the company’s sizable sell-off of Apple shares last year. The Benzinga article said Berkshire cashed out roughly $100 billion pre-tax, but Apple remains the firm's largest single investment and accounts for about 23% of its portfolio.
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Buffett lauded Apple Chief Executive Tim Cook and described the company's products as "remarkable." He added, "I sold Apple Too Soon," and said he does not regret the decision. Buffett also argued U.S. lawmakers are unlikely to impose harsh rules on Big Tech that would "destroy" companies whose products they use, the article said.
The piece notes Berkshire has been trimming its Apple stake since 2024 and further reduced holdings in the third quarter to 238,212,764 shares while initiating a new position in Alphabet Inc. Berkshire also underwent a leadership change with Greg Abel becoming CEO, and its 2025 earnings report showed lower investment gains and impairment charges tied to Kraft Heinz and Occidental Petroleum.
The recap
- Buffett says he'd buy "a whole lot" of Apple stock.
- Berkshire cashed out roughly $100 billion of Apple shares.
- Berkshire trimmed holdings and initiated a new Alphabet position.
