Warren Buffett’s Berkshire Hathaway acquired 9.8 million shares in Apple, valued at $1 billion-plus, as of March 31.<br />This is surprising as Buffett has long been wary about investing in technology companies.<br />Shares of Apple rose two percent in premarket trading immediately following the report.<br />The tech giant has been trading well below highs set last summer amid slowing iPhone sales momentum.
