Warren Buffett, Chairman of Berkshire Hathaway, expressed interest in purchasing more Apple shares if they become sufficiently cheap, though he noted the current market conditions are not conducive to such a move. Speaking on CNBC's 'Squawk Box,' Buffett stated, "I will buy them if they’re cheap. I’ll buy a whole lot of them if they’re cheap," but added that this scenario is unlikely in the present market. Berkshire Hathaway initially invested in Apple in 2016, acquiring a $1 billion stake, but has since reduced its holdings by nearly 50% by mid-2024. Despite this, Apple remains Berkshire's largest equity position, with Buffett praising its strong consumer demand and competitive advantages. He also highlighted Berkshire's substantial cash reserves, totaling approximately $350 billion, indicating readiness to invest when opportunities arise.