OMAHA, Nebraska, May 6 (Reuters) - Warren Buffett's
Berkshire Hathaway Inc on Saturday said its
first-quarter profit totaled $35.5 billion, reflecting gains
from common stocks such as Apple Inc , while higher
income from investments bolstered operating profit.
Net income equaled $24,377 per Class A share, and swelled
from $5.58 billion, or $3,784 per share, a year earlier.
Quarterly operating profit increased 13% to $8.07 billion,
or about $5,561 per Class A share, from $7.16 billion.
The Omaha, Nebraska-based company said it also repurchased
$4.4 billion of its own stock in the quarter.
(Reporting by Jonathan Stempel in Omaha, Nebraska; Editing by
Alexander Smith)
Messaging: jon.stempel.thomsonreuters.com@reuters.net))
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