How much did Warren Buffett lose on Apple stock? (2024)

How much did Warren Buffett lose on Apple stock?

Buffett sold 10 million shares of Apple or slightly more than 1% of his total position, leaving 905 million shares of the Magnificent Seven stock in the portfolio. Berkshire still holds nearly 6% of Apple stock after the trade.

At what price did Buffett buy Apple shares?

Buffett began buying Apple in the first quarter of 2016, but there's no way to know exactly what his average share price was. But if you use the highest closing that quarter as a conservative estimate, it means that you would have paid $27.06 per share for Apple.

What percentage of Apple stock does Warren Buffett own?

Warren Buffett's holding company, Berkshire, has been one of Apple's biggest backers. It owns a 5.9% stake, ranking behind only Vanguard Group, which holds 8.1% through its many mutual funds and exchange-traded funds, according to FactSet.

Who owns the most shares of Apple?

Contrary to common belief, Tim Cook, Apple's CEO, is not the company's largest individual shareholder. Arthur Levinson is Apple's largest individual shareholder, owning 4.43 million shares as of February 2024.

How much dividend Buffett paid from Apple?

Assuming Berkshire continues to hold 915 million shares of Apple, that stake will provide it with $878 million in dividend income over the next 12 months. Apple has tremendous cash resources that it can invest in technology, but it's the company's brand that Buffett values the most.

Why does Warren Buffet have so much Apple stock?

Key Points. Buffett aims to hold stocks indefinitely, especially if he believes the company fits his criteria in terms of quality. Thanks to dividends and buybacks, Berkshire benefits financially from Apple's capital-allocation policy.

Why did Warren Buffett buy so much Apple stock?

Potential for returns. When picking stocks to invest in, the hope is that they can beat the market over the long term. Despite its huge market cap and premium valuation, Buffett might still believe that Apple has the potential to produce strong returns going forward.

Does Warren Buffett own Walmart?

Warren Buffett was a major shareholders in Walmart until 2016, when he sold most of Berkshire Hathaway's stake in the retailer. At that time, Buffett cited Jeff Bezos and Amazon as a threat that made retail stocks a “tough” game.

What was the cheapest Apple stock ever?

The lowest closing price for Apple (AAPL) all-time was $0.04, on July 8, 1982. The latest price is $169.66.

What stock does Warren Buffett own the most of?

Apple is Berkshire's largest public stock holding by far. Berkshire's $155 billion Apple stake is roughly four times larger than its second-largest holding. Buffett first bought Apple shares in the first quarter of 2016, and Apple's stock price is up more than 500% since the beginning of 2016.

Who is the biggest investor in Apple?

Is AAPL a good buy now?

Apple has 18.61% upside potential, based on the analysts' average price target. Is AAPL a Buy, Sell or Hold? Apple has a conensus rating of Moderate Buy which is based on 16 buy ratings, 11 hold ratings and 1 sell ratings.

Who owns the most Amazon stock?

Jeffrey Bezos owns the most shares of Amazon (AMZN).

How much does Bill Gates make in dividends?

Here Are The 5 Stocks Generating The Most Cash Flow For His Portfolio. Bill Gates, the seventh richest person in the world, has a well-documented affinity for dividend income.

How much does Warren Buffett make from Coca Cola dividends?

A massive passive income stream

Berkshire currently owns 400 million shares of Coca-Cola. This means that on an annualized basis, Warren Buffett's company generates $736 million in dividend income from the beverage giant. That is a huge passive income stream that likely explains why Buffett isn't exiting the position.

How much does Warren Buffet make from Apple?

"Warren Buffett Makes Over $120 Billion on Apple's Rise to $3 Trillion, Among His Best Bets Ever." CNBC. "Everything Warren Buffett and Charlie Munger Said at the 2023 Annual Meeting."

Has Warren Buffet ever sold a stock?

Key Points. Buffett has been selling some stocks in 2023. After first buying Hewlett Packard stock last year, it hasn't panned out as expected. He may have found better ways to put this cash to work.

Is Apple stock a buy or sell?

Is Apple stock a Buy, Sell or Hold? Apple stock has received a consensus rating of buy. The average rating score is Aaa and is based on 67 buy ratings, 30 hold ratings, and 2 sell ratings.

How many stocks does Warren Buffett own in Apple?

That's even after Warren Buffett sold about $2 billion worth of shares last quarter. The total value of Berkshire's 905.5 million Apple shares is about $161.4 billion.

How much of Apple does Tim Cook own?

Cook, on the other hand, owns only about 837,374 shares, or 0.021% of Apple. If Cook owned 13% of Apple (the approximate ownership percentages Musk and Bezos have in Tesla and Amazon), his net worth would be over $331.5 billion, which would make him the wealthiest person in the world.

How much was Apple stock at its highest?

Does Warren Buffett own Geico?

1996 – Warren Buffett purchases outstanding GEICO stock, making GEICO a subsidiary of Berkshire Hathaway, Inc.

What banks does Warren Buffett own?

Will Apple reach $1,000 per share?

It's possible that Apple stock could reach $500 or even $1,000 in the future. However, there are a number of factors that could affect its price, including the company's financial performance, the overall state of the economy, and the performance of the broader tech sector.

Why has Apple stock dropped so much?

This steep slide has erased more than $300 billion in market value, causing Apple to cede its position as the most valuable US company to Microsoft. The decline was spurred by declining sales in China, regulatory scrutiny of its App store, and mounting concern among investors about its growth outlook.