Buffett thinks Apple is a very strong company with a great brand, top-notch products, and excellent management. However, his actions suggest the stock could be overvalued after the stock's current run. Apple shares currently trade for a forward P/E of about 33, which is higher than many of the biggest companies with significant exposure to the artificial intelligence trend driving financial returns. At the current price, it makes sense to decrease exposure to the stock.Apple has long been Berkshire's larges ...