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Warren Buffett Cuts His Apple Holdings In Half

Berkshire Hathaway, Warren Buffet’s investment company has reduced its almost $170 billion investment in Apple down to half. Apple recently announced third quarter earnings. iPhone sales declined while iPad sales saw an increase. Apple CEO said the company has been reorganizing its resources to focus more on developing what he called Apple Intelligence, a suit of AI-related tools and features. Has Buffet lost faith in Apple or is he just in a selling season?


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