The US economy grew at a faster pace than initially thought, figures show. The economy grew at an annualised rate of 2.5% in the July-to-September period, up from an earlier estimate of 2%, the Commerce Department said. Earlier this month, the US Federal Reserve said it would pump $600bn (£373bn) into the economy to try to boost the economic recovery. ... Read More »
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Apple Earnings 2009 report
There are some very interesting numbers in Apple’s third-quarter press release. Apple has also disclosed more numbers in its conference call which is still in progress. Some highlights: 3.05 million Macs sold this quarter, up 17 percent from a year ago. The overall PC market is expected to grow just 2 percent in the third quarter. That means Apple is ... Read More »