Archive for September, 2009
Michael Dell, the owner of the worldwide IT service distribution company has recently announced a calculated bid of 3.9bn to buy Texas neighbours Perot systems. This would help lessen the competition Dell faces and would also help increase the total profit.
It is expected that current employees of Perot would keep their jobs as they already have the revelent training in that industry and it would also keep unemployment numbers down. If Dell become successful in their bid, not only will they be one of the leading IT services worldwide (even more than now) but they would also have a more widespread public following in Texas, where’s now the general public is split between the two companies.
Two of the largest phone companies in the United Kingdom, T-Mobile (owned by Deutsche Telekom) and Orange (French Telekom) are looking to further their companies by merging as one. They both currently sit behind O2 and Vodafone, with Orange at 3rd and T-Mobile in fourth. By joining together, the net profit is obviously expected to increase and both companies would total their profits 50/50, meaning they would have over 37% of the United Kingdom’s mobile phone user base. This expected statistic would make them the leading phone company in the United Kingdom (being 10% above O2).
The United Kingdom’s third largest mobile phone operator, Orange, has finally managed to exclusively sign a deal with Apple, ( the iPhone’s owners and creators) to sell the iPhone in Britain. This is going to be a massive setback for O2, the United Kingdom’s largest phone company (owning 27%), as they previously were the only company to have the rights.
Profits for Orange are expected to increase vastly and this deal is sure to please current and future Orange customers. The deal was agreed today and the popular Apple phone will be hitting many Orange stores nationwide within the upcoming weeks.
The United Kingdom’s business secretary Peter Mandelson today announced that the car scrappage scheme would now be extended to cover a further 100,000 vehicles. Although this is only a small fraction of the number of cars needed in this scheme, the labour party member has assured that, although they can’t do everything, they can do something.
This scheme helps recycle old metal from unused cars in an attempt to reuse the scraps for new cars. It is expected to rise with the new year, with the labour government promising more and more ‘benefits’ to the general public in the coming weeks.
Only since the ‘dotcom boom’ have levels in trading surged to such a level. The smaller investors across the country have created huge surges in the trading industry, with auction site ebay and on-line stores play, Amazon and HMV all hugely increasing in profits.
This is a great help to reduce congested traffic on the road, which helps reduce the amount of petrol used daily (as individuals wouldn’t have to drive, pay for transport to reach the desired store) and is also a profit to potential buyers. Trading websites are often reached via posters in-store advertising the product offers etc.
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