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