Warren Buffett sells nearly half of Berkshire’s stake in Apple - eviltoast
  • AwkwardLookMonkeyPuppet@lemmy.world
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    3 months ago

    Settle down. Microsoft, Google, and Apple are completely different types of companies. Apple is a hardware company, mostly phones and headphones. The other two companies are data, and cloud computing companies. What’s more likely than anything is that Apple’s value grew to be an outsized percentage of BRK’s portfolio and they don’t like the exposure from that, so they are re-diversifying.

      • AwkwardLookMonkeyPuppet@lemmy.world
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        3 months ago

        I could have phrased it better, but I basically just meant that there’s probably no cause for concern. The internet has been panicking over every little development for years now, but the economy just keeps on churning along.

        • Chocrates@lemmy.world
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          3 months ago

          That’s basically how I took it 😆 I’m pretty self deprecating (thanks depression) so thats just how I talk.