Berkshire Hathaway Chairman Warren Buffett remains bullish on Apple, though he refuses to chase the stock at current valuations. Speaking on CNBC’s ‘Squawk Box,’ Buffett confirmed he would aggressively accumulate Apple shares if prices drop significantly. He stated, "I’ll buy a whole lot of them if they’re cheap."
Despite selling nearly half his stake between 2023 and 2024, Apple remains Berkshire’s largest public equity holding. The investor acknowledged exiting the position prematurely but emphasized gains exceeding $100 billion pre-tax. Buffett praised Apple’s durable competitive advantages and consumer loyalty, noting its return on capital surpasses even Berkshire’s railroad operations.
With roughly $350 billion in cash and Treasury bills, including recent purchases of $17 billion in T-bills, Berkshire sits ready for opportunity. CEO Greg Abel leads the conglomerate as it navigates market volatility. Buffett dismissed recent drawdowns as insignificant compared to historical crashes like 2007-2008, pledging to deploy capital only when assets offer true value.