**FOR IMMEDIATE RELEASE**

FOR IMMEDIATE RELEASE

Berkshire Hathaway Reports Record Cash Reserves, Sells Major Stake in Apple

OMAHA, NE – In its latest quarterly earnings report released Saturday, Berkshire Hathaway Inc. (NYSE: BRK.A, BRK.B) disclosed a record cash reserve of $325.2 billion, while simultaneously revealing a complete divestiture of its long-held stake in Apple Inc.

WHAT: The conglomerate led by Chairman and CEO Warren Buffett reported a 71% surge in operating earnings to $47.4 billion for the fourth quarter. The most significant action was the sale of its entire 6% equity stake in the technology giant Apple, a position valued at over $150 billion in the prior quarter.

WHO: The disclosure was made by Berkshire Hathaway, a multinational holding company based in Omaha, Nebraska. Warren Buffett, the 94-year-old “Oracle of Omaha,” historically oversees major capital allocation decisions.

WHEN: The report was released following the market close on Saturday, February 22, 2025, covering financial results for the period ending December 31, 2024.

WHERE: Company headquarters in Omaha, Nebraska, with the Apple stake sale executed via open market transactions over the preceding six months.

WHY: According to the filing, the decision to liquidate the Apple position was driven by “strategic portfolio rebalancing” and a rising cash accumulation strategy. Analysts speculate this reflects a cautious outlook regarding current equity valuations and a preference for hoarding liquidity for a potential major acquisition or to weather economic uncertainty. The record cash level represents a 43% increase from the previous quarter.

HOW: The sales were executed through a series of block trades and scheduled sell orders through major investment banks, minimizing market disruption. The resulting cash is held in U.S. Treasury bills and highly liquid money market instruments.

INVESTOR REACTION: In early pre-market trading Monday, Berkshire Hath