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General Motors Recorded Biggest Profit Ever in 2011

Posted February 16th, 2012 at 10:55 am (UTC-5)
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U.S.-based General Motors, the world’s largest automaker, recorded its biggest profit ever in 2011, two years after emerging from bankruptcy with the help of a government bailout. The century-old carmaker says strong sales in the United States and China helped push its profits to $7.6 billion, easily topping the company’s previous $6.7 billion earnings peak […]

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Apple Hits Sales, Profits Record

Posted January 25th, 2012 at 10:00 am (UTC-5)
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The giant U.S.-based technology company Apple has hit new sales and profit records on surging demand for its iPhones and iPads. Apple says it had $13 billion in profits on $46 billion in sales during the last three months of 2011, one of the most profitable quarters ever for an American company. Apple’s profit exceeded […]

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General Motors Nearly Doubles Profit in 2nd Quarter

Posted August 4th, 2011 at 11:35 am (UTC-5)
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General Motors, the largest U.S. automaker, says it nearly doubled its profits in the April-to-June period compared to a year ago. The automaker, which could supplant Japan’s Toyota Motor as the world leader this year, reported Thursday that it earned more than $2.5 billion in the second quarter compared to more than $1.3 billion in […]

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