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Berkshire Hathaway Just Reported 9.8 Million Share Stake In Apple

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Berkshire Hathaway Just Reported 9.8 Million Share Stake In Apple

Warren Buffett's Berkshire Hathaway Inc. (NYSE: BRK-B) just made a big bet on Apple Inc. (NASDAQ: AAPL).

According to Berkshire Hathaway's most recent Form 13F, the firm owns 9,811,747 shares of Apple.

News of Buffett's stake in Apple helped boost the company's shares higher by more than 2 percent early Monday morning.

Related Link: Buffett On Yahoo Bid: If Dan Gilbert Needs Financing, We'll Help

According to CNBC, Berkshire Hathaway's latest bet wasn't a purchase made by Buffett, rather it was one of his two lieutenants.

The tech giant recently traded at $92.16, up about 1.8 percent in the pre-market session. The stock hit a 52-week low last week, falling under the $90 level for the first time since June 2014.

 

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