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I recently stumbled upon an article in
Last year sales were down along with the economy, but computers sales and a new operating system by Microsoft have elevated profits in the 4th Qrt of 2009.
Apple’s chief executive Steve Jobs announced that the company’s annual revenues are now beyond $50 billion, but indicated that even more is in the pipeline to get excited about.
Starbucks is continuing to prove that it has successfully turned its fortunes around as it sees its latest quarterly profits more than triple. The US coffee chain giant made a net profit of $241.5m (£148m) in the three months to the end of December, compared with $64.3m a year earlier. Buoyed by extensive cost-cutting work over the past year, the firm has also won back customers in its home market. Same store US sales rose 4%, their first rise in more than two years.
past the earning estimates from Wall Steet last week. The publicly-traded company reported a net income of $2.3 billion in the fourth quarter of 2009, up an amazing 875 percent from its $234 million earnings in the fourth quarter of 2008. This more than beat Wall Street expectations.
