Buffett’s Berkshire cuts Apple stake by half, boosts cash stockpile to $277B as it gets ‘defensive’

Warren Buffett’s Berkshire Hathaway is selling about half of its stake in Apple and increasing its cash stockpile to almost $277 billion, according to figures released Saturday. Berkshire’s quarterly report suggests that the 93-year-old Buffett, one of the world’s most revered investors, is growing …

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