Shares of Apple (AAPL) took a hit after 澳洲幸运5官方开奖结果体彩网:Warren Buffett's Berkshire Hathaway (BRK.A, BRK.B) revealed over the weekend that it reduced its stake in the company by nearly 50%.

The conglomerate's most recent 澳洲幸运5官方开奖结果体彩ᩚᩚᩚᩚᩚᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ಌᩚ𒀱ᩚᩚᩚ网:Securities and Exchange Commission (SEC) filing showed an 澳洲幸运5官方开奖结果体彩网:Apple stake worth $84.2 billion as of June 30—49% lower than its stake a quarter earlier. The move comes after Berkshire slashed its Apple holdings by 澳洲幸运5官方开奖结果体彩网:13% in the first quarter. 

Despite the cuts, Apple remains Berkshire's largest holding, ahead of Bank of America (BAC), American Express (AXP), The Coca-Cola Company (KO), and Chevron (CVX).

Apple, whose stock fell about 4% to $210.91 as of 11:55 a.m. ET Monday, did not immediately respond to an Investopedia request for comment. 

Apple's App Store Revenue Growth Slows, UBS Says

Another bearish sign for the tech giant: UBS said its analysis indicated App Store revenue growth decelerated to 11% year-over-year in July from 13% in June.

“While we caution extrapolating one month of data, we estimate App Store comprises ~25% of the segment [revenue],” the firm said in a note over the weekend. "Therefore, below segment level spend in the App Store increases the reliance on other categories to accelerate from June to act as an offset."

The firm holds a "neutral" rating and $190 price target for Apple.