Apple Shares Inc. Closed higher Friday, finishing the week at US $ 183.83, a gain of 6.94 (+ 3.92%). Dispel (and unfounded) fears of slow sales of the iPhe X and a record March quarter combined with news that Warren Buffet has bought 75 milli shares of more than Apple to push the title to a high closing record. At this price, Apple has a market capitalizati of about $ 901 billi.
All in all, Warren Buffet's Berkshire Hathaway now boasts a staggering 240.3 milli shares of AAPL. That's worth $ 44.1 billi, for those who keep a score at home. Apple is the largest holding company in Berkshire Hathaway, accounting for about 25% of its assets
"Whatever the profit, $ 60 billi or whatever, and you can put all the products a dining table" Becky Quick in an interview
This is a pitch that Apple CEO Tim Cook has de in his own interviews over the last year, and the message has apparently resated with the Oracle's. Omaha. Buffet also called Apple a "formidable" company
AAPL shares have risen since the company's earnings report Tuesday, up some 13.3 percent the week. Here is an overview of this week:
Five-day chart ending May 4, 2018 (Source: Yahoo!)