Buffett Regrets Selling Apple Early; Open to Buying More, But Not Now

• Berkshire has made over $100 billion pretax on Apple stock, which remains its largest holding even after trimming the position
• Buffett said Apple could reach a price where Berkshire would 'buy a lot of it,' but considers current market valuations too high
• Apple shares have dropped over 14% from recent highs and more than 6% this month amid broader market correction

Summary

Warren Buffett acknowledged he sold Apple stock prematurely but stated he would only consider purchasing more at significantly lower prices, not at current market levels. "It's not impossible that Apple would get to a price, we would buy a lot of it. But not in this market," Buffett told CNBC's Becky Quick.

Key Financial Details:

• Apple remains Berkshire Hathaway's largest holding at $61.96 billion as of year-end
• Berkshire has generated over $100 billion in pretax profits from Apple
• Apple stock has declined more than 14% from recent highs and dropped over 6% in the current month
• Both the S&P 500 and Nasdaq are in correction territory

Market Context:

Despite the decline, Buffett indicated Apple hasn't reached an attractive entry point given current market conditions. He expressed satisfaction with Apple being Berkshire's top position but noted it had previously grown too large relative to the portfolio: "I was not happy to have it be as large as almost everything else combined."

Leadership Commentary:

Buffett praised Apple CEO Tim Cook's management capabilities, stating Cook "has done better with the hand" he inherited from Steve Jobs. He highlighted Cook as a "fantastic manager" with exceptional relationship-building skills.

Additional News:

Buffett also announced the return of his charitable lunch auction during the Tuesday interview. He stepped down as Berkshire Hathaway CEO at the beginning of 2026 after six decades leading the conglomerate, though he remains chairman.

The comments come amid broader market volatility affecting technology stocks and major indices.