Warren Buffett Piles Into Apple Stock as Key Profit Sector Plunges 63%

Warren Buffett Piles Into Apple Stock as Key Profit Sector Plunges 63%

Warren Buffett’s Berkshire Hathaway has built a $50.5 billion stake in the iPhone creator while insurance underwriting profits take a hit. | Source: (i) REUTERS/Rick Wilking/Files (ii) Shutterstock; Edited by CCNWarren Buffett’s Berkshire Hathaway is compensating for its weak second quarter by increasing its holdings in Apple Inc. After 3.5 years since their last major…

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