Apple released their quarterly report this week, and as blew us all by making huge profits. Warren Buffett who is the billionaire investor earned more than $1Billion from Apple shares in a single day.
Apple shares rose by 5.11% with an increase of $7.68 per share. Berkshire Hathaway the Warren Buffett’s company owns 135 Million shares in Apple. These 135 Million shares have added $1Billion in the company’s account but only if they sold it.
He starts buying Apple share’s from August 2016 with buying 76 Million shares in 2017 itself. It seems that his move had paid him really well adding $1Billion to his wealth in a single day.
Warren Buffett was known as the ” Oracle of Omaha” for his smart choices of investment. The business tycoon once again proved the credibility of the title given to him.