Subject: Re: Repurchase price
Third is Berkshire, I believe, at 5.74%, so I presume we are the largest non-fiduciary holder.
Berkshire's 915,560,382 Apple shares and Apple's most recent share count from their proxy statement of 15,836,213,000 has elevated us to 5.78%. With repurchases ongoing at around $20 Billion per quarter, 5.8% here we come!
To quote W.E.B., "That increase sounds like small potatoes. But consider that each 0.1% of Apple's 2021 earnings amounted to $100 million. We spent no Berkshire funds to gain our accretion. Apple's repurchases did the job."