Buy This Buffett Stock Hand Over Fist Before It's Too Late
Warren Buffett loves Apple (NASDAQ: AAPL) stock, which is evident from Berkshire Hathaway's massive position in the tech giant that's famous for its iPhones, iPads, and MacBooks.
Apple accounted for 41% of Berkshire's portfolio at the end of July 2022. A closer look at the iPhone maker's latest results will tell us why Buffett has bet big on Apple, and we'll also take a look at the reasons why the stock remains an enticing bet right now.
Apple released its fiscal 2022 third-quarter results (for the three months ended June 25, 2022) on July 28. The technology bellwether posted record quarterly revenue of $83 billion, an increase of 2% over the prior-year period. Adjusted earnings came in at $1.20 per share.
Source Fool.com
