Other Investments
 
 

Apple Inc.

 

Apple's principal activities are to design, manufacture and market personal computers and related software, peripherals and personal computing and communicating solutions. KHC's interest in Apple Inc was acquired through market purchases of Apple stock in February 1997. Around 5% was acquired for $115 million. The lifetime internal rate of return of the investment in Apple was 19.3 percent per annum.

Apple Computer