Berkshire cut its holdings in the iPhone maker by roughly 25% in the period, after slashing it by almost half in the second quarter.

Apple's shares gained 10.6 % in the period ended September 30

Warren Buffett has further lowered his stake in tech giant Apple, downsizing Berkshire Hathaway's biggest equity holding for a fourth consecutive quarter.

When a company as large as Berkshire Hathaway – it boasts of a cash pile of around A$493.22 billion – cuts its holding in one of the world’s most valuable companies by around 60 per cent in only a few months, shareholders are forced to take notice. Berkshire Hathaway has continued sales of its Apple shares... Read More

Berkshire Hathaway Inc.’s cash pile reached US$325.2 billion in the third quarter, a record for the conglomerate, as Warren Buffett continued to refrain from major acquisitions while trimming some of his most significant equity stakes.