Warren Buffett Sells Majority Stake in Apple, Costing Berkshire Hathaway $112 Billion
Berkshire Hathaway CEO Warren Buffett sold approximately 75% of the company's stake in Apple between late 2023 and early 2026. This decision has cost the conglomerate up to $112 billion in potential gains, as Apple’s stock price surged after the sales began. Buffett cited tax considerations for reducing Berkshire’s position in Apple during his final years as CEO, stating he wanted to minimize future tax liabilities amid expected increases. However, this move proved costly given Apple's subsequent strong performance and rising valuation. Despite the financial loss, Buffett remains widely respected for adhering strictly to value investing principles throughout his career. He avoided overvalued stocks like Apple in 2026 when its price-to-earnings ratio reached nearly 38 times forecast earnings—far above historical norms.
Tickers: $AAPL
Topics: Apple Inc. Berkshire Hathaway Greg Abel Investment Strategy Warren Buffett