Warren Buffett is making some big moves with Berkshire Hathaway’s tech investments.
The company has cut back its Apple holdings and, at the same time, picked up a new stake in Alphabet, the company behind Google. This shows a clear shift toward areas like artificial intelligence, cloud computing, and digital advertising.
During the third quarter, Berkshire sold about 41.7 million Apple shares. That move brought Apple down to 21% of Berkshire’s portfolio, which is a huge change. Over the past two years, Berkshire has reduced its Apple position by around 74%. Apple is still growing, but Buffett is clearly trimming back.
Even with the sell-off, Apple remains strong. The company pulled in $102 billion in revenue in the September quarter, up 8% from last year. Earnings per share also climbed 13%, helped by higher margins and ongoing stock buybacks. Apple now has more than 2.35 billion devices in use worldwide.
Apple is also pushing into AI with its new Apple Intelligence tools. Right now, those features are free on newer devices, but Apple has already hinted that paid options could come later. That could open the door to new revenue down the road.
While reducing Apple, Berkshire made a fresh move into Alphabet, buying 17.8 million shares. That investment now makes up about 2% of Berkshire’s portfolio. Alphabet gives Buffett exposure to online search ads, cloud services, and even self-driving technology.
Alphabet has been a massive long-term winner, gaining more than 12,000% since its IPO in 2004. Today, it’s valued at about $3.7 trillion, making it one of the biggest companies in the world.
This shift is notable because Buffett has traditionally stayed away from tech stocks. But now, he seems more comfortable leaning into companies that are deeply tied to AI and digital growth.
In simple terms, Berkshire isn’t abandoning tech — it’s just reshaping its bets. Apple is still important, but Alphabet’s role in AI, cloud, and ads looks like where Buffett sees the next wave of opportunity.
