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News  ›  Investing.com

Buffett Trims Apple, Bets Big on Alphabet Ahead of Retirement

Investing.com Logo Investing.com By Leo Miller
Buffett Trims Apple, Bets Big on Alphabet Ahead of Retirement

Warren Buffett's Berkshire Hathaway reduced its Apple shares and significantly increased its position in Alphabet in Q3 2024, signaling strategic portfolio adjustments ahead of Buffett's retirement at the end of 2025.

Insights
DLRpK   positive

Company has strong AI-related growth potential, expanding data center capacity, serving over 250 Fortune 500 companies, and experiencing revenue growth with significant AI-related bookings


AAPL   negative

Berkshire reduced Apple shares by 15% in Q3, continuing a trend of portfolio trimming, which could signal reduced confidence despite Apple remaining its largest holding