The General Electric Company
The General Electric Company
This paper reviews the history of the General Electric Company and analyzes its current financial status as of the first quarter of 2005.
3,820 words (
approx. 15.3 pages) |
7 sources |
APA | 2005
Paper Summary:
This paper examines the timeline of growth of General Electric from the year of its conception to the present day; in 2005, GE reorganized its 11 businesses into six industry-focused businesses: GE Infrastructure, GE Industrial, GE Commercial Financial Services, GE NBC Universal, GE Healthcare and GE Consumer Finance. The author analyzes the first quarter 2005 earnings in terms of changes in earnings per share of the organization, revenue and operating margins and factors underlying the financial performance of the major subsidiaries using GE's Annual Earnings, Quarter Earnings, Balance Sheets and Cash Flow statements. The paper relates that orders grew for major equipment and services, which bodes well for performance in the coming months; management expects 2Q revenue to be up 10%, with profit growth of 15%, implying an operating margin of 21.7%. Charts.
Table of Contents
Quick Facts
Top Competitors
Rankings
Key People
Growth -Present Day
Structure and Divisions
Financial Comparison and Forecasted Data 2003-2006
Annual Income Statement
Quarterly Income Statement
1st Quarter of 2005 Analysis
Earnings
Revenues
Cash
Quarter Highlights
Transportation
Energy
Consumer Finance
Commercial Finance
Healthcare
NBCU
Advanced Materials
Infrastructure
Insurance
Consumer and Industrial
Equipment and Other Services
Definitions
From the Paper:
"In 1876,Thomas Alva Edison, inventor of such groundbreaking technologies as the incandescent electric light bulb and jet engine, opened a new laboratory in Menlo Park, New Jersey. This new and better-equipped laboratory was the birthplace of his most famous invention- the incandescent electric lamp. By the year 1890 he had organized his various businesses into the Edison General Electric Company. However, with the expansion of its businesses it became increasingly clear that it was not feasible for the company to produce complete electrical installations relying solely on its own technology. Hence, in 1892, Edison General Electric Company merged with the Thomson-Houston Company (which was infact a conglomeration of many competitors of GE) and they combined to form the General Electric Company with its headquarters in Schenectady, New York, which became the largest electrical company in American industry."
The General Electric Company (2012, January 15). Retrieved February 13, 2012, from http://www.academon.com/Case-Study-The-General-Electric-Company/60394
"The General Electric Company" 15 January 2012. Web. 13 Feb. 2012. <http://www.academon.com/Case-Study-The-General-Electric-Company/60394>