- Barrons.com
Berkshire Hathaway Sees Record Operating Profits, Cuts Apple Stake
Berkshire Hathaway saw operating profits rise 39% after taxes in the first quarter to a record $11.2 billion, boosted by strength in the company’s property and casualty insurance business and higher investment income. Berkshire also reduced its massive stake in Apple during the first quarter by about 13% to 790 million shares, Barron’s calculates, based on information in the Berkshire 10-Q report released in conjunction with the earnings. Berkshire had held 905 million shares of the iPhone maker at year-end 2023.
- Motley Fool
Should You Buy 1 Share of Each "Magnificent Seven" Stock?
For less than $2,500, you could own one share of each "Magnificent Seven" stock.
- Yahoo Finance
Apple keeps spending less to make more: Chart of the Week
Apple may be having issues keeping its revenue growth up, but its growing services business has turbocharged its margins, which continue to increase significantly overall.
