Buffett Trims Apple Stake Despite Record Performance as Berkshire Prepares for Leadership Transition
Warren Buffett's Berkshire Hathaway continues reducing its once-dominant Apple position, selling approximately two-thirds of its stake since 2023. The tech giant still represents 22% of Berkshire's $257 billion portfolio alongside Amazon, collectively accounting for 23% of holdings.
Apple's fundamental strength remains undeniable, posting record fiscal 2025 revenue of $416 billion and an 8% year-over-year increase in its September quarter to $102 billion. Meanwhile, Amazon's AWS cloud division hits a $132 billion annualized revenue run rate, becoming the profit engine for the e-commerce giant.
The sales coincide with Buffett's planned departure after nearly six decades at Berkshire's helm. Successor Greg Abel will inherit a transformed portfolio where technology plays an unprecedented role—a stark contrast to Buffett's traditional value investing philosophy.
