Monday, December 11, 2006

FT.com / Companies / UK - Pearson ‘on track’ for record year

FT.com / Companies / UK - Pearson ‘on track’ for record year:
"Underlying sales at Pearson Education were up 6 per cent, driven by a 7 per cent increase in the school business, which has gained the leading share of the school adoption market in the US thanks to new teaching and assessment technology.

The smaller professional training business was up 9 per cent, while higher education sales were up 3 per cent before the year-end selling season."

Ok, it's not Google or WalMart, but Pearson seems to have figured out content distribution business in the education space.

And I believe that the education space is the defense industry of the next period. People need to get smarter, faster. And most of the power networks realize it.

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