In the first quarter of 2025, Warren Buffett’s Berkshire Hathaway sold roughly $4 billion worth of Apple shares, reducing its stake by more than 10 million shares. This marked the largest single repositioning of the firm’s equity portfolio in that period and contributed to Berkshire’s record cash and Treasury reserve of over $150 billion. Despite the reduction, Apple remains among Berkshire’s top five holdings by value, underscoring Buffett’s continued confidence in Apple’s long-term prospects even as he reallocates capital to defensive assets.

During the holiday quarter of 2025, Apple overtook all competitors to become China’s top smartphone vendor by shipments, a climb of two positions from the prior year. The iPhone 17 accounted for 23 percent of all devices shipped, up from 15 percent in the same quarter of 2024. Local supply chain constraints—particularly in memory components—hampered rivals, while Apple’s diversified sourcing and inventory management enabled a 12 percent year-over-year increase in Chinese sales.

Analysts at Wedbush and Morgan Stanley have raised their 12-month price targets on Apple in the last quarter, citing the company’s pending rollout of AI-powered smart glasses, the upcoming upgrade to Siri leveraging a third-party large language model, and accelerating 6G network partnerships. Consensus estimates suggest Apple needs approximately 32 percent market-cap growth to breach the $5 trillion threshold, a target that could be met if iPhone revenue expands by 10 percent annually and services income grows 15 percent each year through 2026.