Berkshire’s Apple Sales Are Paying Off
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The massive sales of Apple stock by Warren Buffett's Berkshire Hathaway look well-timed. Shares have slid about 20% since President Trump announced sweeping tariffs after the market closed April 2, compared with a decline of roughly 11% by the S&P 500. Apple, whose stock is down another 4.8% Monday, is particularly vulnerable to Trump's tariffs because of its heavy reliance on China for manufacturing.
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