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Apple: Warren Buffett's Berkshire Hathaway to Sell $25B in AAPL in Q4

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Despite Apple being one of the most important and successful investments in their portfolio, Warren Buffett’s Berkshire Hathway is expected to sell a remarkable $25 billion in AAPL stock in Q4. Indeed, the sale continues what has been a trend of offloading the stock for the holding company. It has been a rather inconsistent year for Apple stock, as the company has failed to find its footing. Moreover, the ongoing sell-off by the Buffett-led holding company has sparked some concern. So, is there reason to believe the sales are a reflection of what investors can expect from the stock this year? Source: Unsplash Also Read: Apple (AAPL) Gets $184 Target: Can the Stock Really Crash 20%? Warren Buffett’s Berkshire Hathaway to Offload $25 Billion in Apple Stock in Q4 There have been some investors who are growing concerned with Apple stock. Returning US President Donald Trump has enacted an aggressive economic policy that could threaten a host of companies. With a trade war with Ch...

Apple Reportedly Cancels Plans to Build an Electric Car

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Apple has reportedly canceled its plans to build an electric car, according to a Bloomberg report. Indeed, the company has decided to end its decade-long endeavor of building an electric automobile according to sources with information on the matter. The deviation represents the end of one of the company’s most ambitious projects. The report notes that Apple made the more than 2,000 employees working on the project aware of the cancellation internally on Tuesday. Moreover, the decision was reportedly shared by both COO Jeff Williams and the project’s Vice President, Kevin Lynch. Also Read: The Magnificent 7: Apple , Amazon, Now Wield Greater Financial Power than Any Major Country  JUST IN: Apple reportedly cancels all plans to build an electric car. — Watcher.Guru (@WatcherGuru) February 27, 2024 Apple Abandon’s Decade-Long Electric Car Project Throughout its history, Apple has cemented itself as one of the foremost tech companies on the pla...