Warren Buffett Is Rapidly Selling Apple Stock. Here Are 2 Reasons Why.
Apple remains Buffett's biggest bet -- for now.For nearly a decade, Apple (AAPL +0.46%) has been a mainstay in Berkshire Hathaway's (BRK.A +0.29%)(BRK.B +0.51%) portfolio.In 2016, Warren Buffett first approved of adding Apple shares, initiating a $1 billion purchase. In the years that followed, Berkshire continued to add more and more Apple stock. At one point, the company's position was valued at more than $100 billion -- its biggest bet ever. Apparently, Buffett and his lieutenants are quickly souring on ...