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What Would Happen If Warren Buffett Bailed On Apple And Sold All Of Berkshire Hathaway's Shares? [Yahoo! Finance]
Last apple inc. earnings: 4/30 04:30 pm
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US:NASDAQ Investor Relations: investor.apple.com
Apple Inc. (NASDAQ: AAPL ), now the world's second most valuable company, has had a challenging year so far in 2024. The tech giant has lost significant market share in China to domestic rival Huawei, and the U.S. Department of Justice (DOJ) recently filed a sweeping antitrust lawsuit against the iPhone maker, accusing it of creating a monopoly over the smartphone market and engaging in anti-competitive practices. To make matters worse, Apple announced earlier this month that it would lay off 614 employees in California, according to eight reports filed with the California Employment Development Department. These developments have led some investors to question the stability of their investments in Apple, particularly in light of the fact that Warren Buffett's Berkshire Hathaway (NYSE: BRK ) (NYSE: BRK ) sold nearly $2 billion worth of its Apple shares during the 4th quarter of 2023. This begs the question: What would happen if Warren Buffett decided to completely divest Berkshire
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