By Amanda Breen Billionaire investor Warren Buffett’s big bet on Apple has paid off in a major way, making more than $120 billion on paper as the tech giant reached a milestone $3 trillion market valuation this week, CNBC reports. Berkshire Hathaway started purchasing Apple stock in 2016, and by mid-2018, the conglomerate had amassed…
Warren Buffett Makes More Than $120 Billion on Apple’s $3 Trillion Milestone: ‘It’s Probably the Best Business I Know in the World’
Apple Becomes First Company to Hit $3 Trillion Market Value
Apple Inc. on Monday became the first company in the world to hit $3 trillion in market capitalization, thanks to investor confidence that the iPhone maker will keep launching best-selling products as it explores new markets such as automated cars and metaverse. On the first day of trading in 2022, the company’s shares rose to…
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