AUS
NZ
UK
CA
USA
IND
_07_03_2026_03_50_21_133108.jpg)
Source:Explode, Shutterstock
Summary
- Berkshire Hathaway holds a 5.28 percent and 8.49 percent stake in Apple and RH, respectively.
- Apple, which has a market capitalization of more than US$2 trillion, saw its share price jump 99 percent in the last one year.
- Home furnishing retailer RH’s stock soared 420 percent in the last 12 months.
Business tycoon Warren Buffet is the world’s sixth-richest person and has a net worth of US$96 billion, according to Forbes. He is nicknamed The Oracle of Omaha because of his successful investments.
Buffet’s holding company Berkshire Hathaway has invested in a number of companies, including Bank of America Corp (NYSE:BAC), The Coca-Cola Company (NYSE:KO), The Kraft Heinz Company (NASDAQ:KHC), and General Motors Company (GM).
Among, companies in which Berkshire Hathway has stakes, Apple Inc. (NASDAQ:AAPL) and RH (NYSE:RH) stagged an exceptional performance on the stock market in recent years.
Berkshire Hathaway is the second largest shareholder in Apple with a 5.28 percent stake while it owns an 8.49 percent stake in RH and is the fourth-largest shareholder.
Here, we explore the stock performance for Apple and RH and their financials.
Apple
Apple has a market capitalization of more than US$2 trillion. The iPhone maker’s share price soared approximately 99 percent in the last one year. The stock was trading at US$130.36 per share at the close on April 8, 2021.
Source: EODHD/Others, Apple’s share price in last one year
During the company’s fiscal first-quarter ended Dec. 26, 2020, total net sales jumped 21 percent to US$111.4 billion. Sales from iPhone increased to US$65.60 billion, up from US$55.96 billion while revenue from the wearables, home, and accessories segment rose to US$12.97 billion from US$10.01 billion.
Net income during the period grew to US$28.76 billion from US$22.24 billion in the year-ago period. Recently, there have been speculations that Apple is planning to develop an electric autonomous vehicle. However, the company is yet to give an official update on that.
RH
California-based RH is a home furnishings retailer that sells products such as furniture, bathware, décor, outdoor and garden, and child and teen furnishings.
RH, which has a market capitalization of US$12, saw its share prime jump around 420 percent over the past 12 months. RH shares closed trading on April 8, 2020, at US$600.97 per share.
Source: EODHD/Others, RH share price in the last one year
Recently, RH reported its results for the full year ended Jan. 31. The company’s net revenue during the period rose 8 percent to US$2.85 billion. Net income during the period grew 23 percent year-over-year to US$271.8 million.
RH expects the momentum to continue and forecasts 15 percent to 20 percent growth in the fiscal year 2021. The first-quarter sales are projected to rise by 50 percent.
