Story perspectives
Warren Buffett Slashes Apple Shares Amid Market Shift
1/27/2025
39 4
1 of 1
Story summary
- Warren Buffett cut his Apple holdings by 25%, selling 100 million shares, now holding 300 million.
- Apple experienced a 17% decline in iPhone sales in China, resulting in a $510 billion market cap loss.
- Nvidia has overtaken Apple as the world's most valuable company.
- In 2024, Buffett's stock sales outpaced purchases, reflecting concerns about high valuations.
- He is shifting focus to smaller companies, suggesting potential in small- and mid-cap markets.
