Berkshire Hathaway, led by American billionaire Warren Buffett, sold almost half of its stake in Apple, reported The Wall Street newspaper Journal.
The sale took place in the second quarter, the remaining contract at the end of June was estimated at USD 84.2 billion. In the first quarter, the share decreased by 13%, the newspaper writes.
It is noted that the holding previously reduced its investment in Bank of America, and from April to June, Berkshire Hathaway sold shares worth 75.5 billion USD, thereby increasing its cash reserves to a record 276 .94 billion USD.