Warren Buffett: Apple Stock is an Extraordinary Investment

Warren Buffett one of the world's most successful investors, has been a long-time fan of Apple's stock. According to a recent interview, he believes that the technology giant's shares are still an extraordinary investment.

Despite a recent downturn in the tech sector, Buffett remains confident in the long-term prospects of Apple, which currently represents a significant portion of his portfolio. The investor has stated that he has no intention of selling any of his Apple shares, even as he continues to reduce his holdings in other tech companies.

Buffett held over $120 billion worth of Apple stock

As of the end of 2022, Buffett's Berkshire Hathaway held over $120 billion worth of Apple stock. This represents a massive investment in the tech giant, and one that has paid off handsomely for the legendary investor.

In recent years, Apple has continued to dominate the tech sector, with its iPhone and iPad products remaining incredibly popular with consumers around the world. The company's stock price has also risen consistently over the past decade, as investors continue to buy in on the potential of the technology giant.

However, there are concerns that Apple may face headwinds in the near future. The company is currently grappling with supply chain issues that have delayed the release of some of its new products. There are also concerns about the impact of the ongoing trade tensions between the US and China, which could hurt Apple's sales in the important Chinese market.

Despite these challenges, Buffett remains bullish on Apple's long-term prospects. He believes that the company's strong brand and loyal customer base will help it weather any short-term challenges, and that the stock is still an excellent investment for those with a long-term horizon.

Investors looking to follow in Buffett's footsteps and invest in Apple may want to consider doing so through a diversified portfolio, as the stock can be volatile in the short-term. However, for those with a long-term view, Apple's stock remains an excellent option for those looking to invest in one of the world's most successful companies.