Sun Shines, But Not Too Brightly
Sun Microsystems just reported an
$89
million profit for the first quarter, which marks its fourth consecutive
profitable quarter.
While profits are certainly better than losses, investors were disappointed
it wasn't a higher margin. Still, the corporate cost-cutting initiatives Sun
announced earlier this year seem to be taking effect. Last year, Sun checked
in with a $56 million loss for the first quarter.
Of Sun's worldwide operations, India and China showed the strongest growth.
Domestic sales are somewhat lackluster. Sun executives are focusing on its higher-end
products, identity management software and its Solaris 10 operating system as
the greatest revenue generators.
Do you have any Sun systems in your organization? Let me know at [email protected].
Posted by Lafe Low on November 07, 2007