Berkshire reported earnings for first quarter 2008. Revenue for the quarter was down year over year. Operating earnings for Q1 2008 was $1.93 billion compared to $2.21 billion one year ago. Net income was $607 per class A share, down from $1682 one year ago.
Fall in earnings resulted due to an unrealized $1.6 billion [...]

May 2nd, 2008 | rp | Comments | Continued