Whatever the trimming implied, Apple is not a relic in this portfolio. Apple spends tens of billions of dollars a year buying back its own stock, steadily shrinking the number of shares in circulation. Because the total share count keeps falling, Berkshire’s ownership percentage of Apple slowly rises even though it hasn’t bought a single new share. It means Apple keeps working for Berkshire in the background, compounding its stake without any action at all. Choosing to keep roughly $60 billion in Apple, rather than exiting entirely, is a statement of enduring conviction under Abel, not a goodbye.