Apple jumped 3.7 per cent to $US93.88, recovering from its lowest level since 2014 touched last weekafter fears sales growth will continue to slow.
Mr Buffett's multinational corporation Berkshire Hathaway made the investment in the first quarter, before Apple reported its first quarterly revenue decline in 13 years.
"[Apple] is stunningly cheap, and it has a massive pile of cash," Steve Wallman, founder of Wallman Investment Counsel told Reuters.
