Warren Buffett's Berkshire Hathaway now owns a whopping $50 billion-plus stake in Apple, its largest in any single company

Berkshire Hathaway purchased more Apple shares in the first quarter, according to a regulatory filing. Its investment is now worth over $50 billion, and received a boost as Apple’s market cap crossed the $1 trillion milestone. The conglomerate owned about 246.5 million shares, or about 5.1% of Apple, as of June 30.The share purchases came amid speculation over how Berkshire will deploy a growing mountain of cash. …read more

Source:: Yahoo Finance

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