Buffett lost nearly $180 billion in stock speculation in the third quarter, with Apple's stock plunge being the main cause？
Hawk_Finance
2023-11-06 17:51:36
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On November 4, Buffett's Berkshire Hathaway ("Berkshire") disclosed its third-quarter 2023 financial report.。Berkshire Achieves Revenue of 932 in Q3.$100 million, better than market expectations 891.$8.2 billion, compared to 769.300 million dollars。Third quarter net loss 127.700 million U.S. dollars (about 93.2 billion yuan), the company's first quarterly loss this year;.100 million dollars。In addition, the third quarter investment income loss amounted to $24.1 billion (about 175.9 billion yuan).。A major factor in Berkshire's net profit loss in the third quarter was the fact that Apple accounted for the majority of its stock portfolio。The tech giant's shares fell 11 percent overall in the third quarter..61%。
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