# Buffett used the moment to highlight Berkshire’s massive success with its Apple investment.

*business · news · 2026-05-03 · Livemint*

## Key points

- Tim Cook will step down as Apple's CEO in September, succeeded by John Ternus.
- Berkshire Hathaway’s $35 billion Apple investment is now worth $185 billion pre-tax.
- Warren Buffett praised Tim Cook for transforming Apple's value since his little-known succession.
- This is the first Berkshire Hathaway annual meeting led by new CEO Greg Abel.

**Companies:** Apple, Berkshire Hathaway
**Countries:** United States

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