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cnbc said that Shares of Apple rose over 5% on Monday to a price of $127.80.The rise comes after Berkshire Hathaway chairman and CEO Warren Buffett said in his annual letter to investors published this weekend that his investment firm owns 5.4% of the iPhone maker.“Berkshire’s investment in Apple vividly illustrates the power of repurchases,” Buffett wrote.
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CNBC International is the world leader for news on business, technology, China, trade, oil prices, the Middle East and markets.
