In 2012, GE’s industrial segment _ including a growing energy-infrastructure business _ had a profit of $15.49 billion, compared with $7.4 billion from GE Capital.
General Electric CEO Immelt said that Tuesday’s sale of NBCUniversal will allow his company to “accelerate our investment in our core businesses.”
Showbiz might be sexy, but for GE the profit apparently is in manufacturing the devices that generate the power for our TVs.
Scott Mayerowitz can be reached at http://twitter.com/GlobeTrotScott.
By Andrew P. Napolitano
The president's men trash the Constitution to pursue antagonists
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