Company Profile For Sun Microsystems, Inc.

Sun Microsystems, Inc. (JAVA.O) (Nasdaq)

sector: Technology · industry: Computer Hardware ·

As of 1:50am IST

8.52USD

Price Change

-0.01

Percent Change

-0.18%

Analyst Recommendations

Overview

Sun Microsystems, Inc. (Sun) provides network computing infrastructure solutions. The Company offers core brands, including the Java technology platform, the Solaris Operating System, the MySQL database management system, Sun StorageTek storage solutions and the UltraSPARC processor. Its network computing platforms are used by search, social networking, entertainment, financial services, manufacturing, healthcare, retail, news, energy and engineering companies. The Company operates in two segments: Server Products and Storage Products. Server Products comprised of Support Services (Support Services and Managed Services), and Professional and Educational Services. In January 2009, the Company acquired Q-layer, a cloud computing company that automates the deployment and management of both public and private clouds.

Quick Financial Synopsis

BRIEF: For the three months ended 27 September 2009, Sun Microsystems, Inc.'s revenues decreased 25% to $2.24B. Net loss decreased 93% $120M. Revenues reflect a decrease in the income from Services & Product segments. Net loss reflects decrease in cost of sales, lower in research & development expenses, decrease in selling, general & administrative, lower restructuring expenses, and a decrease in impairment of goodwill & intangible assets.