Warren Buffett’s Lucrative Investment in Apple Stock: How Much Has He Earned?
Apple has been a significant part of Warren Buffett’s investment portfolio, accounting for over 50% of his holdings. Despite selling around $2 billion worth of Apple shares, Buffett’s investment has been highly profitable.
Buffett purchased Apple stock in the first quarter of 2016, missing out on the massive surge that occurred between 2007 and his acquisition. However, his initial investment of approximately $1 billion has grown to around $8 billion, a remarkable return rate of 659.67%.
- The average stock price for Apple shares at the time of Buffett’s purchase was $24, while it currently stands at $182.32.
- Following Buffett’s strategy and investing as little as $1,000 after the Q1 2016 filing would result in an approximate value of $7,596.67 by February 2024.
Buffett’s Current Investment in Apple Stock
Since 2016, Buffett has bought additional Apple shares and sold some of his holdings. As of Q4 2023, he holds an impressive 905,560,000 Apple shares worth around $174 billion.
Apple Stock Performance
While Buffett’s cumulative investment may not have brought a total return rate of 600%, it remains highly profitable. In the past year, Apple shares have risen by 22.44%. However, in recent months, the stock has declined by 1.79% since January 2024 and is down by 5.97% in the last 30 days.
In the short term, Apple’s stock performance has also been negative, with a 1.61% decline in the latest full week of trading. Even on the most recent trading day, the stock only closed 0.42% higher at $182.32.
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Hot Take: Is Apple Still a Good Investment?
While Apple’s recent stock performance may raise questions about its future prospects, it is important to consider its long-term growth potential and Buffett’s confidence in the company. As a crypto enthusiast, you should carefully analyze the market and evaluate whether Apple aligns with your investment goals and risk tolerance. Keep an eye on market trends and consult reliable sources before making any investment decisions.
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