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Annual earnings over 2 billion dollars per year after 5 years of sales is estimated by Business analyzers.
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This required them to pick up the phone and make call after call to small and large business CEOs who could have sales in the tens of millions or more.
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Which was all fine and good, except that it left Netscape without much of a business--after all, revenues from browser sales had accounted for 45% of Netscapes revenues only a year earlier.
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As newcomers in the handset business, the Chinese are still learning about after-sales service.
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After finance and insurance, he will learn other parts of the business, like used car sales.
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Monsanto shares slid Wednesday after the agricultural chemical company reported a drop in sales and earnings due to pricing problems with its Roundup herbicide business.
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Still, the upbeat domestic sales figures for the first month of the new business year are likely to fan optimism that Japanese car makers will continue to regain sales momentum after the disruptions caused by last year's Asian natural disasters, which also included flooding in Thailand.
WSJ: Japanese Auto Sales Climb 92%
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Hoffman, deputy director of research at Friedman, Billings, Ramsey, notes that the company has a superb sales force that, with one approach, first aims for a municipal account and then goes after more lucrative commercial business within a town.
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