Buffett Added 3.9 mln Shares; APPLE Will Hit A New High?

In recent 13F, Buffett’s Berkshire added 3.9 million shares of Apple in Q2 2022.

$Apple(AAPL)$ rises for 6 straight weeks, showing great momentum. 

It turned out to be the brightest star as it leads this rebound of tech stocks.

Data from Tiger Trade App

Buffett's Perfect Investment In Apple

What is a 13F?

  • A 13F form is required by the SEC each quarter, and details equity holdings.

In the new 13F, Buffett’s purchase in the 2Q is another perfect“buy the dip” example.

Data From SEC

1.Buy low

Accroding to Berkshire’s filings, Buffett bought 3.9 mln shares in 11 separate purchases.

Based on data of 13F, we exrapolate Buffett’s cost price of Apple was $136.72, which was relatively a low point this year. (Compared to the current price of $173)

Chart made by Tiger_chat

2. Sell high

In comparison, Berkshire sold 9.81 million shares of Apple for nearly $1.1 billion in the 4Q of 2020.

Berkshire Hathaway first began acquiring Apple stock in 2016 with a purchase of 9.81 million shares, and those shares had doubled in value by September of2020.

Data from Tiger Trade app

You can tell from this table that Buffett also sold Apple at a relatively high level.

Nobody can precisely predict the bottom or high. But Buffett’s investment decision was again justified to be correct.

Apple's Strong Fundamentals

A new growth pole - ad

Apple is set to expand ads to new areas of iPhone and iPad in search of its next big revenue driver.

Apple advertising VP Todd Teresi plans to increase Apple's advertising revenue from $4 billion annually to billions in the double digits.

Strong iphone 14 demand

Apple is expecting strong iPhone market demand and is asking suppliers to produce 90 million iPhone 14 units, which is comparable to iPhone 13 production in the same period last year.

It revealed this week that Apple raised its iPhone 14 shipment expectations, increasing orders from 90 million units to 95 million units.

Will Apple achieve a new high?

Or is a pullback imminent?

Have you bought Apple in Q2 like Warren Buffett?

Enter our topic to post and win hundreds of tiger coins~

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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  • Fenger1188
    ·2022-08-16
    TOP
    两年前巴菲特就曾表示,$苹果(AAPL)$是他最喜欢的公司之一,唯一的缺点就是股价太高,但凡有逢低买入的机会,他就会购入更多苹果股票。巴菲特加大对苹果公司的投资,更多地是将其视为一种消费品类。苹果在其来自服务、可穿戴设备和其他硬件产品的整个收入流中都取得了强劲增长,为苹果公司带来了丰厚的利润和稳定的收益。 我相信巴菲特的眼光, 苹果股票是个极具吸引力的必买并持有的股票,我会继续买入作为长期投资!
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  • diggydog
    ·2022-08-17
    TOP
    I'm with WB on this. Buy and Hold $Apple(AAPL)$ : 🚀
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    • szeYahReplying to苗派
      7
      2022-08-19
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    • 苗派
      Buy Appl is good 👍
      2022-08-19
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    • YsL
      Yes
      2022-08-19
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  • th0mastan
    ·2022-08-16
    TOP
    Fundamentally strong companies will continue to see its share price going up while weaker/ non-profitable companies see the share prices declining as investors consolidate their positions
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  • SR050321
    ·2022-08-16
    TOP
    Wow such a average good price 👍😊 i am waiting the impact on $Berkshire Hathaway(BRK.B)$ 🚀🚀🚀
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  • Success88
    ·2022-08-16
    TOP
    Yes i believe Apple will hit $190 🍏📱⌚️🖱💻
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  • RedpillBluep
    ·2022-08-18
    This proves that Apple is considered investment grade, which is considered stable, low risk and a winner in the long run. Tech is never his cup of tea so this investment is saying a lot.
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  • mokmokmok
    ·2022-08-19
    thank you for sharing, like pls
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    • yaozong7
      in Apple we trust!
      2022-08-19
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  • MARYGOH
    ·2022-08-18
    👌👍 thanks for sharing good information
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  • victorlum
    ·2022-08-20

    great article

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  • hh488
    ·2022-08-19
    Yes buy the dip. If get too high, they will split again.
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  • Qing93
    ·2022-08-19
    $苹果(AAPL)$加油 [财迷][财迷][财迷]
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  • boomer9595
    ·2022-08-19
    buy and hold
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  • ChernTiong
    ·2022-08-18
    an apple a day keeps the doctor away
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  • nyein chan p
    ·2022-09-23
    hello. i am poor people myanmar please give me $😞 i need $ pls🙏
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  • Yea910
    ·2022-08-22

    Appl hitem up

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  • alf
    ·2022-08-19
    totally agree
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  • clp04
    ·2022-08-19
    thank you for sharing
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  • R2D2
    ·2022-08-19
    have some apples in the basket
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  • Ceres303
    ·2022-08-19
    thanks for sharing
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  • GarethTan
    ·2022-08-19
    thanks for sharing [Miser] [Miser]
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