(In Feb 27 item, corrects headline and first paragraph after
CNBC transcript of Buffett interview shows size of Berkshire
Hathaway's 2017 share purchase was "70 million plus" shares, not
NEW YORK Feb 27 Warren Buffett, chairman and
chief executive of Berkshire Hathaway Inc, told CNBC on
Monday that his conglomerate had purchased "70 million plus"
shares of Apple Inc in 2017 and that U.S. stocks were
not in "bubble territory."
"Apple strikes me as having quite a sticky product," Buffett
said. He said that Berkshire's Apple stake was now worth about
$17 billion and amounted to 133 million shares.
(Reporting by Sam Forgione Editing by W Simon)