Apple net income doubles on Iphone

Note: This section contains information in English only.
Source: Bloomberg
Apple Inc. posted a 4th quarter's profit, more than two times higher than in corresponding period last year due to successful sales of Iphone and Ipad. Apple managed to sell 37 million Iphones and reach a net profit of $13.1bn in the last quarter of 2011. The profit per share for the particular quarter was $13.87. Apple shares jumped 12% on the earnings report. 
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Wed, 25 Jan 2012 08:01:52 GMT

German business sentiment probably rose in January

German business confidence may have increased in January to 5-month record high, as the European largest economy indicated recovery. According to economists questioned by Bloomberg, the business climate index, estimated by the Ifo institute, probably rose from 107.2 to 107.6. Economists also predict the measure of current situation to increase from 116.7 to 116.8. The report is due today.

Wed, 25 Jan 2012 07:46:12 GMT

Obama demands an increase in taxes on rich

US President Obama called the government to impose higher taxes on country's  wealthy to restore income equality in US economy, fueling predictions he will use this call in his election campaign. Obama claims that those who earn millions must pay at least 30% tax to make sure more citizens have a fair share of income. President also demanded to create more jobs

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