[wklauss]

I don't think Berkshire is particularly bearish on Apple. It's just they made good money out of the investment and it's a good time to cash out and keep cash for future buys. The fact that they kept half of it tells you they still consider it a solid position but if there's a downturn ahead, having cash on hand to buy other companies makes sense.

[allthing]

Exactly, this is a rebalancing since Apple because a huge portion of Berkshire's portfolio due to it's growth. They became over 40% of Berkshire's holdings, too much for them to be comfortable with.

[chiefalchemist]

Right. This is as much about Berkshire's portfolio, investment philosophy and portfolio balance as it is about Apple. Probably more the former than the latter.