The chairman and CEO of conglomerate Berkshire Hathaway Inc. (TIKER: BRK.B.NYSE) billionaire Warren Buffett said in an interview with CNBC that he hasn't ever sold a share of Apple (TIKER: APC.XETRA).
“I feel more certain about the future as I look at a company like Apple than when I look at IBM (TIKER: IBM.XETRA) now,” he added.
According to Berkshire it owns a roughly $20 billion stake in Apple, about 2.5% of outstanding shares.
The legendary investor doubled his stake in the tech company in January and has said he sees Apple becoming the first trillion-dollar company.
Buffett owned about 81 million shares of IBM at the end of 2016 and sold about a third of them earlier in 2017.