Key Points
Warren Buffett’s Berkshire Hathaway continues to hold Apple (NASDAQ: AAPL) as its largest investment, even as Buffett has reduced his stake in recent quarters. Despite his retirement expected by the end of 2025, Buffett praised Apple’s CEO, Tim Cook, during the Berkshire Hathaway shareholder meeting in May 2023.
Apple’s growth strategy may benefit from investor interest in artificial intelligence (AI) stocks and service-based revenue. The company has over 2.5 billion active devices globally, providing a strong foundation for recurring revenue through its services segment, which has seen record revenues in recent quarters.
