News > Berkshire’s cash pile hits all-time high, trims $14 billion in Apple shares

Berkshire’s cash pile hits all-time high, trims $14 billion in Apple shares

Berkshire Hathaway Inc.’s cash pile reached $325.2 billion in the third quarter as Warren Buffett refrained from major acquisitions. Berkshire once again trimmed its holdings in Apple Inc., the Nebraska-based conglomerate said Saturday. The firm’s stake in the iPhone maker was valued at $69.9 billion at the end of the quarter, down from $84.2 billion in the second quarter, indicating that the company cut its stake by about 25%.