How Much Is Buffett's Apple Stake Worth?
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How Much Is Buffett's Apple Stake Worth?
Business Insider reports that Warren Buffett's Apple position is worth more than Starbucks, Boeing, or IBM.
Buffett's Berkshire Hathaway has a 5.7% stake worth $123 billion.
His stake surpasses the market capitalizations of Starbucks ($92 billion), Boeing ($101 billion), and IBM ($112 billion).
Berkshire's Apple stake is worth almost as much as Philip Morris ($124 billion) and Lowe's ($125 billion).
Apple's stock price has soared by more than two-thirds to an all-time high this year.