Posts Tagged ‘profits’

The rise of Advertisement industry

March 6th, 2010

brand ambassador

brand ambassador

The advertisement industry experienced drastic fall in revenues during the economic downturn last year. WPP, the world’s largest advertising company saw a fall in profits by 11% in 2009. Organizations in all major sectors in order to cut short their losses reduced the advertisement budgets handsomely. It is said that the health of the economy can be judged by the amount of advertisements. If its low then something is wrong and vice verse.
» Read more: The rise of Advertisement industry

Wall street is back in business!

January 16th, 2010

world financial market

world financial market


JP Morgan posted a surprising $3.3 billion profits in the last quarter of 2009 compared to $702 million in 2008. Goldman Sachs also crossed the magical figure of $3.4 billion in the second quarter of 2009. Except the credit card business ‘All is Well’. In June 2009 JP Morgan paid back the entire bailout amount of $25 billion. Is this the sign of another super bull run which lead to the financial crisis or is it a sign of sustainable growth for a prosperous future? Whatever, it is time for the bankers, businessmen, employees and job seekers to rejoice and celebrate!

Rogues

Nokia Vs Apple

December 30th, 2009

mobile war

Price wars, Political wars and now wars on patents. Today, with the world’s financial engine gaining momentum once again after the housing bubble, the coming years seem to be tough time for analysts.

Infringement of patents was seen as an integral part of emerging nations until recently when two top notch organizations from the developed nations jumped in the battle field arguing hard on the patent infringements.

In October, » Read more: Nokia Vs Apple

Artificial Wings: Exploring the developing nations

October 18th, 2009

The airline industry of the two largest developing nations of the world are high on artificial wings. When the world is experiencing the aftermath of the global financial meltdown, China seems to rake in moolah from the airline industry. China has more than 1200 aircraft owned by the airlines and is expected to cross the 1500 mark by 2010. The airline industry in India is expanding steadily but the strategies adopted by the airlines and the government are hitting their bottom line. However, the Chinese airlines supported by the government has ensured more than $ 1 billion in profits for the first nine months of 2009-10. » Read more: Artificial Wings: Exploring the developing nations