Berkshire operating results fall even as Apple boosts profit

Berkshire said operating profit fell 32% to $5.48 billion from $8.07 billion a year earlier.Net income rose 82% to $30.14 billion, or $18,994 per Class A share, from $16.52 billion, or $10,119 per share, a year earlier.Berkshire's share price is lagging the Standard & Poor's 500for a second straight year despite outperforming from July to September.