Greg Abel became Berkshire Hathaway's CEO at the start of the year and so far has made few major changes, closing some positions formerly managed by Todd Combs while keeping the company culture and most Buffett-era holdings. Apple (AAPL) is Berkshire's largest holding, about 22% of its public equity portfolio, and recently closed above a $5 trillion market cap, becoming only the second company to do so. In fiscal Q3 2026, Apple's revenue rose 16% year over year to $109.4 billion and EPS of $2.02 grew 29%, with iPhone sales reaching $54.3 billion, up 21.6%. The article argues that the iPhone 17, Apple's AI strategy, the foldable iPhone Duo and its large ecosystem could support long-term growth, though tariffs and legal challenges remain.
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