Buffett’s Berkshire Hathaway Posts Record Operating Profit, Grows Cash to $277 Billion
By Tom Ozimek Warren Buffett’s Berkshire Hathaway has posted a record quarterly operating profit and boosted its cash holdings to nearly $277 billion after selling roughly half its stake in Apple. Berkshire Hathaway’s second-quarter earnings report, released on Aug. 3, shows $11.6 billion in operating earnings for the April-June period, a 15 percent quarterly increase and a record for…
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