Berkshire Hathaway profit rises, helped by stock gains

Reuters

Published Feb 27, 2021 08:10AM ET

(Reuters) - Warren Buffett's Berkshire Hathaway (NYSE:BRKa) Inc on Saturday said quarterly operating income rose 14%, while soaring prices of stock holdings such as Apple Inc (NASDAQ:AAPL) led to a higher overall profit.

Fourth-quarter operating income rose to $5.02 billion from $4.42 billion a year earlier, it said.