Wow, after learning today that Warren Buffett sold half of Berkshire’s AAPL shares in Q2 (and he is likely continuing to sell down the position), I am debating what to do as AAPL is my #2 position.

BRK’s AAPL position Would’ve been $175B without the sale. I Do think it was wise to take off some additional chips, as WEB said he would do to achieve the> $200B cash he vocalized. Valuation is high (like all big tech), uncertainty of future Corp. LTCG taxes tax-21% ain’t bad, limited revenue growth recently, AI uncertainty, Taiwan/China GeoP. risk, ongoing Antitrust risk BUT…

They have The dominant smart phone for 17 years, Very sticky & extensive ecosystem, they always give the consumer of all ages what they need/want, Services segment growing with great margins, I’m optimistic they will have appealing & easy to use AI features, tremendous CEO in Tim Cook, terrific balance sheet/cash producer, $110B in approved buybacks which may provide price support, small but growing dividend, & AAPL always seems to bounce back when stock falls after doubts and criticism are raised.

Still noodling on it all but at least it’s good problem to have. Leaning towards a more modest trim relatively soon. It was one helluva profitable trade by Buffett which only adds to his mind boggling career & record. Doubt he sells his entire position, but you just never know with Warren.