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That is the third straight quarter Buffett has trimmed his stake in Apple, an organization he called "an even better enterprise than any we personal" at last yr's shareholder meeting. He defined his reasoning driving the profits at the most recent shareholder meeting.

He views The present tax code for companies as incredibly favorable, and he is prepared to spend taxes now, so he can stay away from greater taxes later on. Berkshire is sitting down on a massive money attain from its Apple financial commitment.

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