> Warren Buffett Blog: More Apple purchases and possibly more to come

Monday, May 7, 2018

More Apple purchases and possibly more to come

Berkshire has purchased an additional 75 million AAPL shares during the first quarter of this year 2018. Buffett says he wants to buy even more of Apple shares.

Speaking at the annual Berkshire Hathaway shareholder meeting, Buffett praised Apple for creating “extremely sticky” products that bring customers into its ecosystem.

Furthermore, Buffett said that he would love to see Apple go down in price so Berkshire Hathaway could further increase its ownership. The conglomerate is currently the third largest Apple shareholder:
“We would love to see Apple go down in price.”