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Warren Buffett, on CNBC, says bought about 120 mln Apple shares in 2017

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Reuters NEW YORK
Last Updated : Feb 27 2017 | 5:43 PM IST

NEW YORK (Reuters) - Warren Buffett, chairman and chief executive of Berkshire Hathaway Inc, told CNBC on Monday that his conglomerate had purchased about 120 million shares of Apple Inc. in 2017.

"Apple strikes me as having quite a sticky product," Buffett said. He said that Berkshire's Apple stake was now worth about $17 billion and amounted to 133 million shares.

(Reporting by Sam Forgione Editing by W Simon)

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First Published: Feb 27 2017 | 5:24 PM IST

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