Apple: Buy, Sell, or Hold?
Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), known for its long-term investment strategy, has been aggressively selling its Apple (NASDAQ: AAPL) shares. In fact, the company run by Warren Buffett, the Oracle of Omaha, has sold more than 500 million shares during the first half of the year, or more than half of its holdings.
It's always noteworthy when Berkshire Hathaway sells shares, but especially those of a company in which it held such a large stake. But that doesn't mean you should necessarily hit the sell button. What's right for Warren Buffett may not be the best course of action for you. Before making a decision, you should take a step back and examine Apple's prospects.
Source Fool.com
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