{"id":27987,"date":"2019-01-04T06:22:32","date_gmt":"2019-01-04T06:22:32","guid":{"rendered":"https:\/\/qatar-news.org\/qatarnewsEn\/?p=27987"},"modified":"2019-01-04T06:22:32","modified_gmt":"2019-01-04T06:22:32","slug":"apples-plunge-has-cost-warren-buffett-nearly-4-billion-today","status":"publish","type":"post","link":"https:\/\/qatar-news.org\/qatarnewsEn\/?p=27987","title":{"rendered":"Apple&#8217;s plunge has cost Warren Buffett nearly $4 billion today"},"content":{"rendered":"<p class=\"zn-body__paragraph speakable\"><cite class=\"el-editorial-source\">New York (CNN Business)<\/cite>Warren Buffett&#8217;s devotion to Apple is taking a toll on his portfolio. The Oracle of Omaha lost almost $4 billion <a href=\"http:\/\/www.cnn.com\/2019\/01\/02\/tech\/apple-iphone-sales-guidance\/index.html\" target=\"_blank\">after Apple&#8217;s sales warning<\/a>.<\/p>\n<div class=\"zn-body__paragraph speakable\">Buffett&#8217;s Berkshire Hathaway (<a href=\"https:\/\/money.cnn.com\/quote\/quote.html?symb=BRKB\" target=\"_blank\">BRKB<\/a>) owns about 252.5 million shares of Apple, making Berkshire the company&#8217;s second-largest investor. The position makes up 25.7% of Berkshire&#8217;s total portfolio and is by far Buffett&#8217;s largest holding. <\/div>\n<div class=\"zn-body__paragraph speakable\">Apple tumbled 10% Thursday, and the value of Berkshire&#8217;s Apple (<a href=\"https:\/\/money.cnn.com\/quote\/quote.html?symb=AAPL\" target=\"_blank\">AAPL<\/a>) stake fell to about $36 billion, down from nearly $40 billion on Wednesday.<\/div>\n","protected":false},"excerpt":{"rendered":"<p>New York (CNN Business)Warren Buffett&#8217;s devotion to Apple is taking a toll on his portfolio. The Oracle of Omaha lost almost $4 billion after Apple&#8217;s sales warning.Buffett&#8217;s Berkshire Hathaway (BRKB) owns about 252.5 million shares of Apple, making Berkshire the company&#8217;s second-largest investor. The position makes up 25.7% of Berkshire&#8217;s total portfolio and is by&hellip;<\/p>\n","protected":false},"author":10,"featured_media":27988,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-27987","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world_news"],"_links":{"self":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/posts\/27987","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=27987"}],"version-history":[{"count":0,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/posts\/27987\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/media\/27988"}],"wp:attachment":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27987"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27987"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27987"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}