Surprisingly, Buffett sold nearly 400 million shares of Apple and cut his holdings in half! Berkshire Hathaway's Q2 2024 revenue was $93.653 billion, compared to $92.503 billion in the same period last year, and market expectations were $91.09 billion. Berkshire Hathaway's cash reserves at the end of the second quarter were $276.9 billion, setting a new record, compared to $189 billion at the end of the first quarter. As of the quarter ending June 30th, net sales of stocks worth $75.5 billion. According to the 10-Q report released by Berkshire Hathaway A on Saturday, the company significantly reduced its holdings of Apple Inc. from 789 million shares in the first quarter to approximately 400 million shares in the second quarter, a decrease of nearly 50%. Berkshire Hathaway currently holds approximately 2.6% of Apple's shares, valued at approximately $88 billion based on last Friday's closing price of $219.86. The reduction of Apple shares is not surprising, but the scale of the reduction is unexpected.