Government Motors in Trouble Over Recalls.

longknife

Diamond Member
Sep 21, 2012
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BBC give us this story about how profits are being gulped up by cost of recalls @ BBC News - GM profits hit by cost of recalls

$1.3 billion should put a dent in any corporation's profit profile. They sell more Silverados and Sierras but get stuck with courtesy cars and costs relating with fixing faulty electric ignition systems. :evil:

However, on the other side of the page comes this story about a non-government bailed out company, Apple Computers. According to BBC, this company reported $10.2 billion in profits after selling 43.7 million iPhones @ BBC News - Apple announces share buyback as earnings rise :eusa_clap:
 

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