Buffett Says He Sold Apple Shares Too Soon, But Does Not Regret It: Report

Berkshire Hathaway Inc.’s (BRK.A, BRK.B) Chairman Warren Buffett reportedly said on Tuesday that he sold Apple Inc. (AAPL) shares too soon.

During an interview with CNBC, Buffett added that Berkshire made over $100 billion in pre-tax profits on its Apple investment, but noted that he does not regret selling the stock.

“I don’t have any ability to predict what stocks will do next week or next month. I will buy them if they’re cheap… I will be a whole lot of them if they’re cheap and I think I really understand the business,” he added.

Apple shares were up nearly 1% in Tuesday’s pre-market trade. Retail sentiment on Stocktwits around the company trended in the ‘neutral’ territory at the time of writing.

Berkshire Hathaway’s Class B shares were up about 1% at the time of writing.

Get updates to this developing story directly on Stocktwits.

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