Berkshire Trims Apple Stake 4% on $62B Position as AI Rollout Nears
Berkshire Hathaway reduced its Apple stake by 4% in Q4 while retaining a $62 billion position, making Apple its largest holding. Wedbush reiterated an Outperform rating with a $350 price target, forecasting summer AI feature rollout and $75–100 per share upside from AI monetization.
1. Berkshire Hathaway Adjusts Apple Position
In its final quarter filing under Warren Buffett's leadership, Berkshire Hathaway trimmed its Apple stake by 4% but still holds a $62 billion position, keeping Apple as its largest equity holding.
2. Wedbush Projects AI-Driven Upside
Wedbush analysts reaffirmed an Outperform rating on Apple with a $350 target, expecting advanced AI features to debut this summer and projecting $75–100 per share in future AI monetization gains.
Related News
VBCH
Vanguard’s BondBuilder Suite Amasses $242M in Two Months, Fuels $70B ETF Segment
VBCH•
TSLA
SpaceX $1.25 Trillion IPO Could Lift Musk’s Wealth Above $1 Trillion
TSLA•
INTU
Intuit to Launch AI-Driven Platforms in August, Cuts 17% Workforce to Fund Growth
INTU•
NVDA
NVIDIA Forecasts Zero China Data Center Revenue, Targets $20B Vera CPU Sales
NVDA•
NVDA
Nvidia Raises Dividend to $0.25, Launches $80B Buyback after $91B Forecast
NVDA•
Sources
BFIFF
+1 more