Warren Buffett’s Berkshire Hathaway bought 75 million Apple shares in first quarter

Warren Buffett’s company loaded up on Apple Inc. stock in the first quarter, buying a whopping 75 million shares, CNBC reported Thursday night.

That’s in addition to the 165.3 million Apple shares that Berkshire Hathaway BRK.B, -0.88% owned at the end of 2017 — about 3.3% of shares outstanding at the time. As of the end of last year, Apple was Berkshire’s second-largest holding, valued at about $28 billion, behind its stake in Wells Fargo & Co.WFC, -0.50% , valued at about $29 billion. The latest buying spree likely put Apple in first place.

“It is an unbelievable company,” Buffett told CNBC.

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