Thursday, 21 April 2011

Businesses are performing little better in this year

Recession created troubles for business houses. Now situation is little better. Companies are showing good results. Apple’s profit rises up to 95% in first quarter of this year. This show consumer confidence. Although nokia ‘s profit decreases 1% but it was above expectation. Net profit of American giant General Electric rose more than 79% in first quarter of this year than first quarter of previous years . In previous year , recession hit most businesses. Now effect of recession is decreasing and companies are performing better.