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Apple was able to beat any expectations for the company’s fiscal fourth quarter. It was able to pull out a 46% profit jump.
The increase in profits was $1.82 per share or $1.67 billion total.
Analysts were expecting the company to have a gain of $1.42 per …

The billionaire Warren Buffet, who has made his money in investments, belives that the United States economy will remain in bad condition through 2009 and “well beyond.”
The news didn’t give any hope to investors or people waiting for the economy to pick up.
Then again, his …

GM posted another loss of $9.6 billion for the fourth quarter totaling over $30 billion for the year. They are also burning through the “loan” that the government gave them.
The nation’s biggest domestic automaker said Thursday it lost $30.9 billion for the full year and …

GM has plans to slash the current marketing budget by $800 million this year. Hopefully, this will mean the end of seeing GM ads one after the other on TV between 5 and 7 at night.
Of course GM has to slash its marketing budget, with …

After months and months of spectacular earnings and record profits, Chevron expects to see a significant drop in earnings for the fourth quarter.
From Reuters:
Because market conditions had changed significantly, Chevron delayed the unveiling of 2009 capital spending plans until later this month from December. It …