Warren Buffett Reduces Apple Stake Amid Valuation Concerns

Berkshire Hathaway's Warren Buffett continues trimming his flagship Apple position, marking a strategic shift from what was once a 50% portfolio allocation. The selling resumed in Q4 2023 after a pause, raising questions about the Oracle of Omaha's outlook on tech valuations.

Apple's premium multiples now contrast sharply with its 2016 undervalued entry point. At 28x trailing P/E - NEAR decade highs - the stock trades at levels disconnected from its current growth trajectory. Revenue expansion has slowed to 2% YoY, mirroring 2016 rates despite the richer valuation.

The move highlights growing divergence between value investors and growth markets. While no direct cryptocurrency implications surface, the rotation from overvalued tech could signal broader risk appetite shifts affecting digital asset correlations.