Warren Buffett’s Stance on Apple Stock: Will the DOJ Antitrust Lawsuit Affect His Investment?
Omaha, NE – Warren Buffett, the renowned billionaire investor, has been a long-time supporter of Apple (NASDAQ: AAPL). However, recent reports suggest that Buffett’s enthusiasm for the tech giant may be waning. In the fourth quarter of 2023, Buffett’s company, Berkshire Hathaway, reduced its stake in Apple. This decision was made prior to the announcement from the U.S. Department of Justice (DOJ) that they, along with 16 state and district attorneys general, were filing an antitrust lawsuit against Apple. The lawsuit alleges that Apple violated antitrust laws by maintaining a monopoly in the smartphone market. … Read more