{"type":"rich","version":"1.0","title":"Warren Buffett Just Made a Massive Bet On Apple","description":"In a vote of confidence for Apple, Berkshire Hathaway disclosed a 9.8 million share stake in the company taken out in the first quarter of this year. The stake was worth $1.07 billion at the end of the first quarter.\n\nSales of Apple's iPhone fell dramatically in the first quarter of this year and the company's stock hit a new low last Thursday, according to CNN Money, but the investment by Warren Buffett's company has already been a healthy signal for the company.","author_name":"TIME's Top Stories","author_url":"https://audioboom.com/channels/3380207-time-s-top-stories","provider_name":"Audioboom","provider_url":"https://audioboom.com","width":480,"height":95,"thumbnail_url":"https://audioboom.com/i/21849254/600x600/c","thumbnail_width":600,"thumbnail_height":600,"html":"<iframe width=\"100%\" height=\"95\" src=\"https://embeds.audioboom.com/posts/4571755/embed?v=202301\" style=\"background-color: transparent; display: block; padding: 0; width: 100%\" frameborder=\"0\" allowtransparency=\"allowtransparency\" scrolling=\"no\" title=\"Audioboom player\" allow=\"autoplay\" sandbox=\"allow-downloads allow-forms allow-popups allow-same-origin allow-scripts allow-storage-access-by-user-activation allow-top-navigation-by-user-activation\"></iframe>"}