India, Feb. 15 -- Warren Buffett's company Berkshire Hathaway (BRK.A) made significant reductions in the fourth quarter to three long-standing investments: Apple, HP, and Paramount Global.
The company decreased its Apple holdings by nearly 10 million shares, equating to a value of close to $2 billion. Despite this reduction, Berkshire still retained over 900 million shares of the tech giant at the close of 2023. The decision to decrease its stake in Apple has raised concerns about the company's stock.
Additionally, Berkshire sold off the majority of its HP shares, reducing its position by approximately 80 million shares, leaving around 23 million shares.
The company also scaled down its investment in Paramount Global by about 30 million ...