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Berkshire Hathaway Nets $9 Billion From Pop in Apple Shares

Berkshire Hathaway Nets $9 Billion From Pop in Apple Shares

Few investors are happier with the pop in Apple stock Friday than Berkshire Hathaway CEO Warren Buffett. Apple rose 6% Friday to $183.38 after reporting encouraging financial results late Thursday for the March quarter. Berkshire’s Apple stake is now worth $165 billion, against a cost of around $30 billion.