Berkshire Hathaway doubles down on Apple stock and dumps IBM

Warren Buffett's conglomerate has increased its stake in Apple — and gotten rid of almost its entire IBM stake — a big move for a legendary investor who rarely bets on tech. Berkshire Hathaway revealed Wednesday that it increased its Apple holdings by 23.3 percent to 165.3 million shares, according to SEC filings, and dumped about 94.5 percent of its IBM holdings, leaving just 2.05 million shares.
Read more: https://www.cnbc.com/2018/02/14/berkshire-hathaway-13f-apple-aapl-stake-up-ibm-stake-down.html?source=Snapzu