Last week, Apple proved its value by hitting an all-time high after releasing its quarterly earnings report. Apple latest quarterly earnings knocked it out of the park. Apple returned almost $27 billion to shareholders during the quarter and announced a $100 billion share buyback program. Apple declared that the company is raising its quarterly dividend by 16%, from $0.63 to $0.73. The last time Warren Buffett binge-purchased Apple was 2015-2016 when Apple’s stock was plummeting.
Source: Forbes May 11, 2018 14:03 UTC