Warren Buffett has received a lot of criticism recently (Apple Inc.'s stock (AAPL). Buffett's Berkshire Hathaway Inc. (BRKA)(BRKA) owned 245,155,566 shares of Apple as of March 31, according to the latest 13-F filings with the Securities and Exchange Commission, making it the Apple's second-largest shareholder with 5.73% of the shares outstanding. With Apple's stock up $24.23, or 6.3%, toward a record high on Friday after the technology giant's better-than-expected earnings report ( ), Berkshire Hathaway's share stake is worth $5.94 billion more than it was on Thursday. With the stock up $154.71, or 60.8%, since the end of the March, the stake's value has increased by $37.93 billion. In comparison, the Dow Jones Industrial Average has rallied 19.3% since the end of March.) amid the recent market downturn, but one investment he's got right is
-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com
(END) Dow Jones Newswires
July 31, 2020 11:02 ET (15:02 GMT)
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