The "Big Five" made almost $68 billion in profits last year. No, not the "Big Five" oil companies that have been in the news lately for making $77 billion last year in profits. I'm talking about that other "Big Five": Microsoft ($18.7 billion), IBM ($15 billion), Apple ($14 billion), Intel ($11.4 billion) and Hewlett-Packard ($8.8 billion). And when you add the next five most profitable computer companies - Google ($8.5 billion), Cisco ($7.8 billion), Oracle ($7.7 billion), Dell ($2.63 billion) and Ebay ($1.8 billion) - the "Big Ten" raked in almost $100 billion last year in "windfall" profits last year ($96.1 billion), boosted by strong demand for IT products as the U.S. and global economies recovered from the Great Recession.
Suppose that Congress next investigated "Big Computer" for earning almost $100 billion in record profits last year, and imposed a higher tax burden on the "Big Ten."
Q: What would likely happen to computer prices for the "Big Ten's" products; and what would likely happen to "Big Ten" spending on capital equipment and research? A: Prices would probably be higher and investment spending would probable be lower. And that's exactly what would likely happen to oil prices and investment spending by the other "Big Five."
Suppose that Congress next investigated "Big Computer" for earning almost $100 billion in record profits last year, and imposed a higher tax burden on the "Big Ten."
Q: What would likely happen to computer prices for the "Big Ten's" products; and what would likely happen to "Big Ten" spending on capital equipment and research? A: Prices would probably be higher and investment spending would probable be lower. And that's exactly what would likely happen to oil prices and investment spending by the other "Big Five."
Post Title
→"Big Computer" Made Almost $100 Billion in 2010
Post URL
→https://manufacturing-holdings.blogspot.com/2011/05/computer-made-almost-100-billion-in.html
Visit manufacturing-holdings for Daily Updated Wedding Dresses Collection
