Sun Suffers Net Loss, Revenue Down For Fiscal Year - 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
Business & Finance
News
7/26/2005
06:12 PM
50%
50%

Sun Suffers Net Loss, Revenue Down For Fiscal Year

Its x86-based server shipments more than doubled, and overall server shipments were up.

Sun Microsystems on Tuesday reported growth in server shipments for its recently completed fiscal year, including more than 100% growth in its x86-based server shipments.

For the year ended June 30, Sun reported a net loss of $11 million on revenue of $11.07 billion, compared with a net loss of $388 million on revenue of $7.36 billion in the previous fiscal year. For the fiscal fourth quarter, Sun reported net income of $121 million on revenue of $2.98 billion, compared with net income of $783 million on revenue of $2.07 billion in the same quarter a year ago.

For the year, Sun saw 9% overall server unit growth, with particularly strong growth in one- to eight-way servers, chairman and CEO Scott McNealy says. Unit sales of servers based on Advanced Micro Devices Inc.'s Opteron processor were up 105% for the year.

This story was modified on July 28 to correct Sun's quarterly and annual revenue.

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
2020 State of DevOps Report
2020 State of DevOps Report
Download this report today to learn more about the key tools and technologies being utilized, and how organizations deal with the cultural and process changes that DevOps brings. The report also examines the barriers organizations face, as well as the rewards from DevOps including faster application delivery, higher quality products, and quicker recovery from errors in production.
News
How to Create a Successful AI Program
Jessica Davis, Senior Editor, Enterprise Apps,  10/14/2020
News
Think Like a Chief Innovation Officer and Get Work Done
Joao-Pierre S. Ruth, Senior Writer,  10/13/2020
Slideshows
10 Trends Accelerating Edge Computing
Cynthia Harvey, Freelance Journalist, InformationWeek,  10/8/2020
Register for InformationWeek Newsletters
Video
Current Issue
[Special Report] Edge Computing: An IT Platform for the New Enterprise
Edge computing is poised to make a major splash within the next generation of corporate IT architectures. Here's what you need to know!
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