WARREN BUFFETT SAYS HE SOLD APPLE TOO SOON — AND WOULD BUY MORE AT THE RIGHT PRICE

Warren Buffett says Berkshire Hathaway may have reduced its Apple stake earlier than it should have — and he would consider buying more shares again if the valuation becomes compelling.

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Appearing on CNBC's Squawk Box with Becky Quick, Buffett reflected candidly on Berkshire's decision to trim its Apple holdings last year. While Apple remains the conglomerate's largest equity position, Berkshire cut its stake to roughly $61.96 billion. In hindsight, Buffett suggested the sale may have been premature.

At the same time, he made clear that admiration for a company does not override valuation discipline. If Apple's share price falls to levels that offer what he views as an attractive margin of safety, he indicated Berkshire could rebuild its position in size.

“It’s not impossible that Apple would get to a price where we would buy a lot of it,” Buffett said.

APPLE'S ROLE IN BERKSHIRE’S PORTFOLIO

Apple has been one of the most consequential investments in Berkshire Hathaway’s modern history. What began as a sizable technology bet evolved into the company’s largest public equity holding, at times accounting for a substantial portion of Berkshire's overall portfolio value.

Buffett has repeatedly described Apple not as a traditional tech play, but as a consumer-products powerhouse with extraordinary brand loyalty and recurring revenue streams. He has emphasized the strength of the iPhone ecosystem, customer retention, and the company’s ability to generate vast amounts of free cash flow.

Even after the reduction, Apple remains Berkshire's top holding. That position underscores Buffett's continued confidence in the company’s fundamentals, even as he remains cautious about near-term pricing.

Apple shares have fallen more than 14% from their recent highs and are down over 6% this month. The pullback comes amid broader market volatility, with both the Dow Jones Industrial Average and the Nasdaq Composite slipping into correction territory.