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Buffett's Berkshire Buys Shares of Domino's Pizza and Pool Corp., Dumps Apple Stock [Yahoo! Finance]
Last apple inc. earnings: 4/30 04:30 pm
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US:NASDAQ Investor Relations: investor.apple.com
third quarter while continuing to trim stakes in longtime holdings Apple ( AAPL ) and Bank of America ( BAC The moves were part of a series of shareholding adjustments—disclosed in regulatory documents filed late Thursday—that show Buffett continues to be a net seller of stocks as he builds Berkshire's already-enormous cash holdings. The conglomerate announced earlier this month that its cash pile ballooned to a record $320.3 billion from $271.5 billion in the second quarter, with the vast majority of the total ($288 billion) invested in short-term Treasury bills The filing Thursday confirmed that Buffett sold exactly one-quarter of his enormous stake in Apple. The sale was suggested by Berkshire's third-quarter earnings report earlier this month, but had yet to be officially disclosed to the public. Berkshire has steadily pared its stake in the iPhone maker, reducing it from nearly $175 billion at the start of the year to about $70 billion at the end of September. Still, Apple ac
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