Berkshire Hathaway Reduces Stake in Apple, Cash Reserves Reach Record $189 Billion
Berkshire Hathaway reduced its stake in Apple in the first quarter, and Warren Buffett’s conglomerate allowed its cash reserves to grow to a record $189 billion, Reuters reports, News.ro reports. Buffett’s company also posted a record operating profit of $11 billion as its insurance operations benefited from improved underwriting and higher investment income as interest … Read more