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Warren Buffett’s Berkshire Hathaway Is Taking a $30 Billion Hit on Apple

Warren Buffett loves Apple, but Berkshire Hathaway’s big holding in the iPhone maker is hurting: Apple shares are down about 20% this quarter.

Berkshire Hathaway (ticker: BRK. A, BRK. B) had roughly 911 million Apple shares on March 31 and that position is down about $30 billion since then, assuming no change in the holding. That drop accounts for the bulk of what Barron’s estimates is about $45 billion of paper losses this quarter in Berkshire’s huge equity portfolio, which stood at $390 billion on March 31.

Apple…

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