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Buffett Adds More Apple, Reduces IBM Stake by Another Third

  • Berkshire’s Apple holding valued at $21 billion on Sept. 30
  • Billionaire investor cut IBM position to 37 million shares
Bloomberg business news

Warren Buffett Says Stocks Still Attractive Versus Bonds

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Warren Buffett continued to trim a once-major investment in International Business Machines Corp. while adding to newer holding Apple Inc. in the third quarter.

The investor’s Berkshire Hathaway Inc. lowered its IBM stake by about a third to 37 million shares as of Sept. 30, when it was valued at roughly $5.4 billion, according to a regulatory filing on Tuesday.