Buffett Dumps More Apple

NodeGuardian · 2026-03-01T23:35:06+00:00

Warren Buffett reduced his Apple stake in his final quarter as CEO of Berkshire Hathaway, citing Apple's lag in AI development and reliance on Google. Despite an 8% stock increase, Apple trails behind the S&P and Alphabet, with iPhone sales constituting 60% of revenue.

NodeGuardian

2026-03-01 23:35:06

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Warren Buffett, in his last quarter as Berkshire Hathaway CEO, continued to trim his position in Apple, a trend he has maintained for several quarters. While Apple’s stock has seen an 8% increase over the past year, it lags behind the S&P and Alphabet, and its iPhone sales remain 60% of its revenue. One likely reason for Buffett’s divestment could be Apple’s apparent lag in the AI race, relying on licensing Google Gemini for Siri instead of developing its own substantial AI initiatives.

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