Apple Inc. (NASDAQ:AAPL) is a leading technology company known for its innovative products like the iPhone, iPad, and Mac computers. It competes with other tech giants such as Samsung, Microsoft, and Alphabet. On December 17, 2025, Erik Woodring from Morgan Stanley set a price target of $315 for Apple, suggesting a potential upside of 14.71% from its current trading price of $274.61.
Despite this optimistic outlook, Warren Buffett's Berkshire Hathaway has been reducing its stake in Apple. In the third quarter, Berkshire sold 41.7 million shares, yet Apple still accounts for 21% of its portfolio. Over the past two years, Buffett has decreased his position in Apple by 74%, indicating a strategic shift in his investment approach.
Berkshire Hathaway's decision to initiate a new position in Alphabet, purchasing 17.8 million shares, marks a significant change. Alphabet, valued at $3.7 trillion, is the third-largest company globally. This move reflects Buffett's evolving strategy, as he has traditionally been cautious about investing in technology stocks.
Apple's current stock price of $274.61 shows a slight increase of 0.18% or $0.50. The stock has traded between $271.79 and $275.84 today. Over the past year, it reached a high of $288.62 and a low of $169.21. Apple's market capitalization is approximately $4.06 trillion, with a trading volume of 37.34 million shares on the NASDAQ.
While Apple is well-positioned to benefit from consumer adoption of artificial intelligence, its stock price is considered expensive. Berkshire Hathaway's strategic shift underscores the importance of reassessing investment opportunities, even in companies with substantial share price increases.