Given the company's upbeat financial guidance coupled with it's impressive liquidity profile and long history of paying a dividend, now looks like an interesting opportunity to scoop up shares in the beverage stock at a bargain price, all while generating some passive income for your portfolio. In fact, through subsequent purchases and long-term conviction, Buffett earns nearly $1 billion in passive income per year through Apple's dividend. Unsurprisingly, during prolonged periods of inflation and high interest rates, consumers aren't necessarily rushing out the door to upgrade their cellphones or hardware devices.