Warren Buffett focuses on Apple and the title of the Cupertino giant gains almost 2% in the pre-market on Wall Street. Pushing the shares of the group led by Tim Cook is the news that Berkshire Hathaway, the billionaire investor's conglomerate, acquired 9,8 million Apple shares in the first quarter, equal to 0,2% of the free float.
As stated in the filing submitted to the regulators, in the three months Berkshire sold 99% of its stake in Procter & Gamble, retaining only 315.400 shares, and reduced its stake in Wal-Mart Store 1,7% to 55,2 million shares. Instead, Buffett increased his stake in Phillips 66 by 23% to 75,6 million shares, increased his stake in Liberty Media to 30 million shares and slightly increased his stakes in Deere & Co and IBM.
