Buffett
Operating profit in the third quarter doubled to $6.88 billion from $3.44 billion a year earlier, and higher than the $6.11 billion expected by Wall Street, according to IBES data from Refinitiv.
Buffett, a billionaire bargain hunter, increased his company’s stake to 240.3 million shares worth $42.5 billion during first quarter.
Billionaire Warren Buffett has been buying a boatload of Apple Inc shares and on Saturday suggested he would buy even more shares at the right price.