Apple Best Buffett Stock

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Apple Best Buffett Stock

Apple (Aapl) - The Best Warren Buffett Stock

One of the greatest investors of modern age is Warren Buffett. A $100 investment in Berkshire Hathaway would have generated $5.5 million between 1965 and 2024.

That's why it is best to always look at the stock holdings of Buffett to get an idea of the good stocks. One particular stock that has been in Buffett's portfolio for a long time is Apple.

Apple Remains A Top Tech Stock

By the 2024 end, one of Berkshire's largest investments was Apple. That alone shows that Apple is a really solid company & has a good future ahead of it.

In 2024, Berkshire Hathaway had $75 billion worth of Apple shares. The firm started to accumulate Apple shares in 2016 and continues to do so today.

Today, the Apple active devices have crossed the 2.3 billion, which makes it one of the top tech companies in the world.

Buffett makes investments in businesses with significant competitive advantages. For Apple, that begins with the company's reputation and consumers' strong bond with their phones.

During Apple's fiscal Q2 earnings call, CEO Tim Cook stated that the services of Apple have enriched the lives of its userbase every single day.

As of now, around 50% of the revenue comes from the sales of iPhones. In addition, the company also earns revenue from its services, and Apple Pay is a good example. The revenue from Apple Pay shows a 12% y/y growth and shows a promising future for the firm.

Artificial intelligence (AI) has enormous potential benefits for Apple. With Apple Intelligence, a generative AI-powered gadget is now easily accessible. Apple is spending money to incorporate AI deeply into all of its products, which may eventually increase iPhone sales.

Also, Buffett only invests in companies that are profitable, and Apple is no exception. Apple had a revenue of $400 billion and a net income of $97 billion.

So, if you are in the search of a good tech stock that's also loved by Warren Buffett, then look no further than Apple stock.

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