Brief: Sun Has Some Things Going Its Way - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
Hardware & Infrastructure
News
7/28/2006
06:30 PM
Connect Directly
Twitter
RSS
E-Mail
50%
50%

Brief: Sun Has Some Things Going Its Way

Last week brought an intriguing new product, and a sales jump

Sun Microsystems last week showed it has a few things going for it: fresh products and, for the first time in a while, momentum. Now it needs to make a profit.

Andy Bechtolsheim, Sun's legendary designer, recently returned to the company to help spark new products. One is Thumper, a supersized storage server built with Advanced Micro Devices' Opteron processor and lots of disk space. Last week, Sun showed off Thumper combined with Greenplum's Bizgres, a parallelized version of the PostgreSQL open source database. Together, the two make a data warehousing appliance that sells for $20,000 a terabyte, compared with $500,000 for other systems. It's the kind of innovation on lower-priced systems Sun likes to talk about.

The strategy's beginning to show results. Sun's fiscal fourth-quarter revenue rose 29% year over year, and 21% from the prior quarter. Quarterly revenue hit $3.8 billion, and fiscal year sales were $13.1 billion. CEO Jonathan Schwartz cites acceptance of the Solaris 10 operating system, with more than 5 million licenses, and growth in Sun's new x86-based Galaxy and UltraSparc T1-based Niagara lines. Niagara passed $100 million in quarterly sales.

The company still lost $301 million, its fourth straight quarter in the red. That was due in large part to acquisition costs, expensing options, and $228 million in restructuring charges. Sun plans about 5,000 layoffs this year. The company still has problems to clean up. But it also has some things going its way of late.

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
The State of IT & Cybersecurity Operations 2020
The State of IT & Cybersecurity Operations 2020
Download this report from InformationWeek, in partnership with Dark Reading, to learn more about how today's IT operations teams work with cybersecurity operations, what technologies they are using, and how they communicate and share responsibility--or create risk by failing to do so. Get it now!
Slideshows
10 Ways to Prepare Your IT Organization for the Next Crisis
Cynthia Harvey, Freelance Journalist, InformationWeek,  5/20/2020
News
IT Spending Forecast: Unfortunately, It's Going to Hurt
Jessica Davis, Senior Editor, Enterprise Apps,  5/15/2020
Commentary
Helping Developers and Enterprises Answer the Skills Dilemma
Joao-Pierre S. Ruth, Senior Writer,  5/19/2020
Register for InformationWeek Newsletters
Video
Current Issue
Key to Cloud Success: The Right Management
This IT Trend highlights some of the steps IT teams can take to keep their cloud environments running in a safe, efficient manner.
White Papers
Slideshows
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Sponsored Video
Flash Poll