In spite of turmoil in the US economy, the US companies are performing extremely well in quarter ending June 2011. Already Google announced a record breaking 32% growth (9b) y-o-y. Infosys has shown 30% growth y-o-y and 10% q-o-q.
Today EMC a SaaS based end to end solution provider announced their Q2 result. They ended this quarter with 4.9 b. They have grown by 20% y-o-y and their profit is 28% y-o-y. Their US revenue is 2.5 b grown by 17%.
Apple has 28b revenue in Q2 2011 and a profit of 7.3b. This is their record sales and profit in any quarter. The revenue growth is 82% y-o-y and profit growth is 125% y-o-y.
The iPhone and iPad no. of sales made a record triple digit growth. iPhone sales increased by 143& and iPads sales increased by 180%. The iTunes growth is 32% and Mac growth is 14%. Even though their growth is not substantial in Mac, they have shown a big growth from the new innovations.
The main sales of iPhones and iPads are from China. They have created more online stores this year and mainly out side US. Apple is projecting their growth in terms of number items sold than the amount. This shows they are foreseeing their maintenance revenue (easy money) from upgrades. As they are charging for the upgrades and appliance, it is going to be substantial in future.
Many companies are showing growth this year in spite of the economic problem. What is the difference between the Govt. and these companies? What is missing in US administration? How do these companies making money? How can Govt. gain learning from these companies? Many hows and whats are there.
The main difference is these companies are keep innovating things and are moving fast on their execution. Govt. still has the old policies and keeps trying old failure things. Over and above they wait for things to happen. In the cloud world if you are not innovative or if you are not executing well survival it self is a big question mark. It is not for the Govt. it is applicable for everyone.
We can say companies are small compared to the Govt. How can you compare both? I don't want to do an apple to apple comparison. Govt. should learn from the type of changes made by these companies to grow. Apply similar strategy that is applicable for the Govt. Do changes in the policies and execute fast. We can bring it back. It may take time, but we will have a long term solution. By doing temporary solutions, we are postponing things that will bring us a calamity.
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