NBC - Profits were up 14 percent in 2000. Substantial investments have been made to strengthen NBC s position as a leading player on the Internet. Also, the recent investment in Paxson Communications provides a second outlet for NBC entertainment programming. GE Capital - Earnings were up 17 percent in the 2000. Further gains of that magnitude are forecast for 2001.
Acquisitions are a key growth dynamic.
GE has been particularly active in Japan. The Internet offers substantial growth opportunities and GE is exploiting that. GE also continues to invest heavily in e-Business. Driving earnings is GE Medical Systems. Higher equipment volume, new products, and growth in product services were the main reasons.