“`html
Key Financial Updates
Warren Buffett’s Berkshire Hathaway remains significantly invested in Apple (NASDAQ: AAPL), its largest holding, which has seen a return of over 750% since Buffett’s initial investment in 2016. As of this year, Apple’s stock price dipped after the iPhone 17 launch, which introduced the iPhone Air, reportedly 29% thinner and 1.2 ounces lighter than the iPhone 16 Pro. With nearly one-third of iPhones in use being iPhone 13 or older, analysts project a potential revenue boost for Apple as it nears a mid-cycle upgrade.
Additionally, Amazon (NASDAQ: AMZN) continues to thrive with significant contributions from its Amazon Web Services (AWS), which reported a 17% year-over-year revenue growth in Q2 2023, contributing to the company’s overall growth of 13% for the same period. Meanwhile, Mastercard (NYSE: MA) holds a market presence with 1.1 billion credit cards worldwide, accounting for 32% of global credit cards, and facilitating $4 trillion in global purchase volume in 2023, further solidifying its growth potential.
“`
