Warren Buffett says he would load up on Apple just not in this market

Warren Buffett, Chairman of Berkshire Hathaway, expressed his willingness to significantly increase his Apple holdings if the stock price became attractive. During a CNBC interview, he stated he would buy “a whole lot” of Apple shares if they were cheap, but believes the current market doesn’t present such an opportunity. While Berkshire Hathaway initially invested in Apple in 2016 and has since trimmed its stake by nearly 50%, it remains the company’s top equity holding. Buffett acknowledged selling Apple shares “too soon” but highlighted the substantial $100 billion+ pre-tax profit already realized from the investment. He praised Apple’s strong consumer demand, competitive advantages, and management, noting its superior return on capital compared to other Berkshire holdings. Buffett also commented on the current market drawdown, deeming it insignificant compared to past crises, and reiterated his strategy of deploying cash when attractive opportunities arise, with Berkshire currently holding around $350 billion in cash and Treasury bills.

(Source：Crypto Briefing)