TECH - Warren Buffett's Berkshire To Rake In $226M Passively In A Jiffy Thanks To Its Core Holding Apple | Benzinga
Apple, Inc.’s (NASDAQ:AAPL) benevolent shareholder returns have always proved to be a windfall for Warren Buffett-led Berkshire Hathaway, Inc. (NYSE:BRK) (NYSE:BRK). With the tech giant’s 4.2% dividend hike, the windfall is only going to get fatter.
Berkshire’s Apple Bet: Berkshire’s Apple holding at the end of the fourth quarter was 904.87 million shares valued at $174.21 billion, according to the 13F report filed with the SEC on Feb. 14.
Given Apple shares fell 10.82% in the March quarter, Berkshire may have seen a reduction in the value of the Apple shares it holds, even if it maintained the number of shares unchanged. The company may update on any changes to the value and share count when it files its 13F report for the first quarter.
Assuming Berkshire ...