Berkshire Hathaway unloaded more than half of its Apple stock last quarter

Tim Cook and Warren Buffett in Apple Park In a surprise move, in the second quarter of 2024, Warren Buffett's Berkshire Hathaway made the biggest sale of Apple in years, unloading around 400 million shares and missing the post-WWDC stock peak. In December 2023, Berkshire Hathaway held about $174.3 billion in Apple stock. As of…

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Both iPhone 16 Pro batteries rumored to get significant capacity increase

A battery being taken out of an iPhone [Apple] A new rumor further confirms that both models of the iPhone 16 Pro will get a battery capacity increase, with one of the pair getting a notably larger boost than the other. And now, a generally reliable leaker has reiterated one rumor about the iPhone 16…

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Apple leaning on dominant companies in China to comply with App Store payment rules

iPhone 16 Pro is expected to see a super cycle, driven by China sales There has been an unenforced loophole in China's App Store that has allowed developers to funnel in-app payments to external payment processors, and Apple is reportedly leaning on Tencent and ByteDance to make it stop. Apple had reportedly blocked ByteDance from…

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Apple earnings, Apple Intelligence, and you’ve got a Friend, on the AppleInsider Podcast

Apple CEO Tim Cook at Apple Park Apple has reported better than expected earnings — you were worried there for a minute — while Apple Intelligence is finally out in beta. And maybe you should be worried about a new device, the Friend. There's always a lot of attention and fuss when Apple announces its…

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Berkshire Hathaway may have sold a lot more Apple stock recently

Warren Buffett [Berkshire Hathaway] Well ahead of Thursday's earnings, the "Oracle of Omaha's" Berkshire Hathaway may have sold a very large quantity of Apple stock, marking the third consecutive quarter of big sales volumes. And, Berkshire Hathaway may have take the opportunity to seize some profit, according to the head of investment firm that has…

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Another Apple ad campaign crashes and burns under pressure from viewers

Actor and comedian Mia Schauffler stars in a new "Underdogs" ad for Apple Just two weeks after release, the latest chapter of Apple's "The Underdogs: OOO" has been pulled, under withering criticism from the Thailand government and viewers. Back in 2019, "The Underdogs" was a seemingly one-off ad showing a group of office colleagues. Since…

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Examining Apple’s Wall Street-beating third quarter by the numbers

Apple CEO Tim Cook Last updated 22 hours ago Apple's third-quarter financial results were a significant improvement for 2024. Here's how the figures visually break down in a quarter where Apple soundly beat Wall Street's forecasts. Ahead of the quarterly results for the third quarter of 2024, Wall Street had predictions that Apple would do…

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Front camera in iPhone 17 shaping up for 24MP upgrade

The front-facing camera is hidden in the Dynamic Island The iPhone 17 family of smartphones could gain a 24-megapixel front-facing camera, giving it twice the resolution of the current sensor. Many of Apple's upgrades and rumors revolve around the rear cameras, such as the alleged variable aperture system. However, in one analyst's forecast, a change…

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Hands on: Siri starts to get better thanks to Apple Intelligence

Apple Intelligence is now here Apple has released our first look at Apple Intelligence, and with it, a wholly refreshed Siri. Even though it's early, let's take a look at how Siri is getting even better - and what features are still coming. Based on the folks we've talked to about it, Apple's long-running voice…

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