The infrastructure 
business (which contributed $41.8 billion to total company revenues of $144.3 billion in 2005), has only got healthier with GE Aviation signing deals worth $2.8 billion at the Farnborough Aviation Trade Show on July 19, 2006. The Energy, Oil & Transportation units are also growing with the company planning a $8 billion global expansion. Healthcare contributed $15.15 billion. The industrial and financial divisions which contributed $32.63 billion and $40.06 billion respectively are the other bright spots. Inversely, their $14.69 billion revenue earning media business - NBC Universal - had a flat revenue growth with profits lower by 10% over previous year’s quarter! And as Ronald Walton, Media Analyst, UBS comments, “GE should gradually divest its stakes in NBC...
For Complete IIPM - Article, Click on IIPM-Editorial Link
business (which contributed $41.8 billion to total company revenues of $144.3 billion in 2005), has only got healthier with GE Aviation signing deals worth $2.8 billion at the Farnborough Aviation Trade Show on July 19, 2006. The Energy, Oil & Transportation units are also growing with the company planning a $8 billion global expansion. Healthcare contributed $15.15 billion. The industrial and financial divisions which contributed $32.63 billion and $40.06 billion respectively are the other bright spots. Inversely, their $14.69 billion revenue earning media business - NBC Universal - had a flat revenue growth with profits lower by 10% over previous year’s quarter! And as Ronald Walton, Media Analyst, UBS comments, “GE should gradually divest its stakes in NBC...For Complete IIPM - Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy,
Initiative:- Prof. Arindam Chaudhuri
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