Apple, Berkshire, Alphabet, and Microsoft Reap Benefit of Higher Rates

March 6, 2023 by Christine Watkins

Rich corporations are getting richer thanks to higher interest rates.

Apple

(ticker: AAPL),

Alphabet

(GOOG),

Berkshire Hathaway

(BRK/A), and

Microsoft

(MSFT) have the largest cash positions among American companies, and they are garnering much higher interest income as short-term rates have risen above 4% from near zero at the start of 2022.