Jump to content
The World News Media

Berkshire Hathaway’s stake in Apple


TheWorldNewsOrg
 Share

Recommended Posts

  • 4 months later...

  • Views 253
  • Replies 1
  • Created
  • Last Reply

Top Posters In This Topic

Popular Days

Top Posters In This Topic

Posted Images

  • Member

Warren Buffett’s Berkshire Hathaway Inc. might now have a loss on its stake in Apple Inc., which fell Thursday after the iPhone maker lowered its fiscal first-quarter revenue forecast. This conclusion is based on the number of shares Berkshire has bought each quarter since its initial purchase three years ago and Apple’s average quarterly closing share price. Combining the two gives an estimated cost of $146.02 a share for the 5.4 percent holding, according to data compiled by Bloomberg. Apple’s shares closed at $142.19 Thursday after tumbling 10 percent, its steepest drop since January 2013.

Mail Attachment.png

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
 Share





×
×
  • Create New...

Important Information

Terms of Service Confirmation Terms of Use Privacy Policy Guidelines We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.