Berkshire Dumping Apple Is Absolutely A Sell Signal (Rating Downgrade) | News World

It was announced this weekend that Berkshire Hathaway Inc. (BRK.A) (BRK.B) continues to liquidate its massive Apple Inc. (NASDAQ:AAPL) holdings, likely as fast as it can without torpedoing the share quote. The Q2 2024 report’s highlight was the selling of around 390 million shares in perhaps the leading Big Tech name in the world, or about 50% of his position between March and June. In the process, Berkshire has spiked its cash holdings to a record, at an amazing amount of $276 billion!

Is CEO Warren Buffett worried about Apple’s China-focused supply chain as tensions with the U.S. soar? Possibly. Is he concerned about capital gains tax rates rising next year, to help slash the out-of-control U.S. fiscal deficit? He’s said as much, in my view. Is he looking forward to slower consumer spending in a global recession, and its negative effect on Apple’s operating…