: Apple hands Warren Buffett’s Berkshire Hathaway a $214 million payout ahead of shareholder weekend


Warren Buffett could be the recipient of a few extra high-fives walking into the Berkshire Hathaway annual general shareholder meeting this weekend, thanks to the conglomerate’s No. 1 holding, Apple Inc.

The tech giant AAPL late Thursday reported forecast-beating second-quarter revenue and earnings, thanks to a rebound in iPhone sales. Even better for Berkshire Hathaway BRK.A BRK.B, which first bought Apple in 2016, was the news that Apple was lifting its dividend by 4%.


This article was originally published by Marketwatch.com. Read the original article here.

Previous article: Bio-Rad’s stock leads the S&P 500 decliners, as they suffer the biggest selloff in 36 years after disappointing results.
Next article: Nanobiotix stock more than triples, after biotech enters final negotiations with ‘major’ drug maker on development of cancer treatment


Please enter your comment!
Please enter your name here