Sun stashes more cash in Q2
122810
Tech titans hold steady Lost in all the hullabaloo over the $1bn MySQL buy were Sun Microsystems' preliminary second quarter results.â¦
22958
Sun Microsystems on Thursday reported modest earnings that were in line with Wall Street expectations for its second fiscal quarter of 2005, which ended December 26, but the company fell short on the revenue side.
447773
Sun Microsystems Inc. posted a small profit for its fiscal second quarter Thursday, but year-over-year sales continued to slide as the server and software maker struggled to gain back business it lost after tech collapse in 2001.
531356
Sun described on Wednesday a growth strategy that depends in large part on giving away software in the hope that customers will like it enough to sign up for support contracts and perhaps buy Sun hardware on which to run it.It&#39;s a strategy Sun started several years ago with a free version of its application server and that it has accelerated with such products&#160;as StarOffice, OpenSolaris, its Open xVM virtualization software, and, most recently,&#160;its acquisition of the open-source database vendor MySQL.The free software allows Sun to build communities of developers who will do pilot projects with its software and may eventually buy licenses for commercial deployment, or buy professional services to support critical applications, CEO and President Jonathan Schwartz said at the company&#39;s press day Wednesday. He called Sun&#39;s software a &quot;media asset&quot; for building communities.&quot;These are no longer simply software products, these are media properties -- networks around which communities are being built, [and] this is a means for Sun to talk to a very large developer community,&quot; he said.He put up a slide that showed a map of the world covered in pink dots. Each dot represented a download of Solaris, he said, and hence an opportunity for Sun to start a dialogue with IT people that could lead to a sale of its services and hardware.&quot;Not all customers will pay for these products before they use them -- very few will, actually,&quot; he admitted. But they all buy servers and storage on which to run the software, and the download gives Sun a foot in the door to try to capture that sale.&quot;The reason MySQL was interesting to us is it puts 50,000 new dots on that map every day, and from the community, market opportunities will emerge,&quot; Schwartz said.Sun&#39;s growth is important to customers. Its revenue funds its research and development efforts, and customers want to know there is a big community of specialists in Sun products to support their businesses.Analysts are divided about the strategy. At Sun&#39;s financial analyst conference last week, Sanford Bernstein analyst Toni Sacconaghi said he found it hard to see a link between software downloads and Sun&#39;s revenue growth.&quot;If you were to plot a chart showing revenue growth over the last 12 quarters and Solaris downloads, there would really be no correlation at all,&quot; Sacconaghi said.&quot;Oh, I think there would be an exceptional correlation,&quot; Schwartz replied. &quot;If you had shut those downloads off three years ago, our revenue would have been declining double-digit.&quot;He reiterated the point Wednesday. Sun&#39;s strongest growth period came in the late 1990s and was preceded by wide use of its software in universities, he said. Today, the growth of Sun&#39;s Niagara servers has been driven by making Solaris open source, Schwartz said.Illuminata analyst Gordon Haff said there probably is a connection between Sun&#39;s free and open-source software strategy and its revenue growth, but even if there is not, the strategy is helping the company, he said.&quot;Even if you can&#39;t say that each pink dot equals $372, I think the things Sun has been doing with open source and OpenSolaris and Java and so forth have translated into improved relevancy and an improved perception of Sun, and at some level, logic suggests that this played a role in their improved financial picture.&quot;
745488
InfoWorld - Almost lost in the clamor over Sun&#39;s expanded partnership with Microsoft on Wednesday was a small acquisition that will bolster Sun&#39;s HPC storage offerings. Sun agreed to acquire a majority of the assets of Cluster File Systems.
232620
SEQUENTIAL server revenue at Sun Microsystems has grown faster than the overall market, the firm claimed today. Citing a Gartner Dataquest report, Sun claimed that in the second calendar quarter of this year
41787
Software giant's deal with Sun has raised some questions.
441073
The software company's stock rises on improved second-quarter numbers.
554952
Sun Microsystems Inc. on Thursday posted a narrowed first-quarter loss on a second consecutive quarter of sales growth. Sun released its results after the closing bell and shares rose 7 cents, or 1.8 percent, to $4.
750548
A push into the solar sector could benefit the company.
78968
Sun Microsystems makes some progress, but the results could have been so much better.
554867
The company delivered the kind of growth that was expected for its second quarter.
207857
InfoWorld - Sun described on Wednesday a growth strategy that depends in large part on giving away software in the hope that customers will like it enough to sign up for support contracts and perhaps buy Sun hardware on which to run it.
436113
Reversing a year-earlier loss, Sun Microsystems this afternoon reported second-quarter net profit of $28 million and revenue of $2.84 billion.
695115
Worldwide external controller-based disc storage revenue totalled $3.2bn (Â£1.8bn) in the second quarter, up 5.1% from the $3.1bn recorded in the same period last year.
455769
SAN FRANCISCO - On Tuesday, executives from Sun Microsystems Inc. will head to Wall Street, hoping to convince customers and partners in the financial industry that the company continues to be viable in the industry that Sun President and Chief Operating Officer Jonathan Scwhartz affectionately refers to as "the swamp from which we spawned." Sun is expected to make a number of new product and partnership announcements during an event for customers, press and analysts at the W Hotel in New York City on Tuesday.
520378
Which stocks stash their cash in a flash?