Warren Buffett is one of the richest people on the planet, with investments in a variety of market segments and companies, with the exception of Apple, the well-known businessman avoiding buying shares of those from Cupertino.
Warren Buffett founded the famous investment fund Berkshire Hathaway, and recently the latter bought 9,811,747 Apple shares worth 1.069 billion dollars, the investment being a massive one regardless of who we are talking about.
In the past Warren Buffet declared that his investment fund is not interested in buying Apple shares because it is very difficult to anticipate the long-term evolution of the American company, but it seems that things have changed radically at this moment.
The announcement of this acquisition generated a $2 increase in the value of Apple's shares on the American stock market, and in the following days there are very high chances that it will continue to grow, the move providing additional confidence to those who have been undecided until now.
Based on this acquisition, Berkshire Hathaway it occupies the 56th place in the list of the largest investment funds/people who own shares in the Apple company, and others will certainly follow its move.
