An Omaha based economic giant bounced back from a big first-quarter loss in an even bigger way.
Berkshire Hathaway reported making $12 billion dollars in profit between April and June.
The same change in accounting rules blamed for a $1.1 billion dollar net loss in the first quarter, helped drive the latest numbers.
It's expected that number could grow; the company's five-percent stake in Apple is now worth nearly $50 billion dollars.