Berkshire Trims Apple Holding 75% to $61.6B as Ternus Prepares Q2 Debut
Berkshire Hathaway cut its Apple holding by 75%, leaving a $61.6 billion stake and funding an $11.2 billion Chubb position plus higher-yield Treasuries. Incoming CEO John Ternus will replace Tim Cook in September as Apple heads into next week’s Q2 earnings after strong iPhone and Siri web-visitation trends.
1. Berkshire Reduces Apple Position
Berkshire Hathaway sold roughly three-quarters of its Apple shares between early 2024 and late 2025, shrinking its holding to $61.6 billion. The cash freed up funded an $11.2 billion stake in Chubb and increased allocations to U.S. Treasury securities.
2. Leadership Transition to John Ternus
Tim Cook will step down as Apple CEO in September after more than a decade at the helm. John Ternus, a veteran hardware engineer who led product teams on AirPods and Mac, will assume the top role ahead of Apple’s next innovation cycle.
3. Earnings and Traffic Trends Preview
Apple’s Q2 earnings report is due next week, with investors watching sales growth in iPhone and Siri services. Web-visit metrics tracked by analysts have mirrored recent share price strength, suggesting sustained consumer engagement heading into the quarter.