Buffett to Apple: 'I'd Buy a Whole Lot'—But Not at These Prices, Chief

Warren Buffett is still vibing with Apple, just not at these valuations. The Oracle of Omaha told CNBC's 'Squawk Box' he'd load up on AAPL if the price was right. "I will buy them if they're cheap. I'll buy a whole lot of them if they're cheap," he said. "It's not impossible that Apple would get to a price. We would buy a lot of it, but not in this market." Basically, Buffett's doing what every degen wishes they had the discipline for—holding cash and waiting for the dip that may never come.

Berkshire Hathaway first dipped its toes into Apple back in Q1 2016, snapping up 9.8 million shares for about $1 billion. The position grew into one of Berkshire's largest ever. Think of it as getting in on a presale before the token pump—except Buffett actually held through the entire bull run without getting rekt by a random Discord link.

Then came the trimming. Starting in late 2023, accelerating through 2024, and continuing into 2025, Berkshire has unloaded nearly 50% of its Apple stake by mid-2024. Buffett admitted the timing wasn't perfect. "I sold it too soon," the 94-year-old legend said. "But I bought it even sooner." Not that he's losing sleep over it—Berkshire netted over $100 billion in pre-tax gains on the position. To put that in perspective, that's enough to buy a small country, or at minimum, several thousand Hermes bags.

Even after all the selling, Apple remains Berkshire's biggest equity holding. Buffett still views it as a premium business: strong consumer demand, durable competitive advantages, excellent management. "It's better than any business we own outright," he noted, though he added that Berkshire's railroad is now worth more than its Apple position. The railroad. Warren. We get it—you like trains.

On the current market pullback? Buffett called it "nothing" compared to past crashes, including the 2007-2008 financial crisis when Berkshire's stock plummeted over 50%. Mr. Market throwing a tantrum? Buffett's seen worse. He's basically the guy who was there when "crypto" meant something different, and he's still not impressed by yourCharts.

As for deploying that massive cash pile? Berkshire is sitting on roughly $350 billion in cash and Treasury bills—and recently dropped $17 billion on T-bills in a single week. Patient as ever. At this point, Buffett's cash position is so large it's basically becoming its own asset class. The man is running a hedge fund disguised as an insurance company disguised as a value investing legend. And he's waiting.