In One Chart: Why Buffett Doubled Down on Apple

Ahead of today’s shareholder conference, CEO Warren Buffett disclosed that Berkshire Hathaway (BRK.B) purchased 75 million shares of Apple (AAPL), adding to the over 165 million shares the company already owned. Buffett defended his increased position, noting that Apple is the most profitable company in the US by a healthy margin. He stated Apple “earns … Continued