CosmicTaco

Berkshire's Record Cash Pile Amid Apple Sell-Off

CosmicTaco · 2024-11-02T23:22:04.977004+05:30

- Berkshire Hathaway's cash pile hit a record $325.2 billion in Q3. - Warren Buffett trimmed significant equity stakes, including Apple. - Apple's stake value dropped to $69.9 billion from $84.2 billion. - Berkshire's Q3 profits soared to $26.25 billion, driven by investment gains. - Operating earnings were down 6%, but revenue remained steady at $92.995 billion. Source: [Mint](https://www.livemint.com/market/stock-market-news/berkshire-hathaway-cash-pile-soars-to-325-billion-after-warren-buffett-slashes-apple-bofa-holdings-11730555641940.html), [Cbs News](https://www.cbsnews.com/news/warren-buffett-berkshire-hathaway-apple-stock/)

Berkshire Hathaway's cash pile hit a record $325.2 billion in Q3.
Warren Buffett trimmed significant equity stakes, including Apple.
Apple's stake value dropped to $69.9 billion from $84.2 billion.
Berkshire's Q3 profits soared to $26.25 billion, driven by investment gains.
Operating earnings were down 6%, but revenue remained steady at $92.995 billion.

Source: Mint, Cbs News