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February 01, 2011

Andrew Hughes: [SECURITY] IcedTea6 1.7.8, 1.8.5, 1.9.5 Released!. We are pleased to announce a new set of security releases, IcedTea6 1.7.8, IcedTea6 1.8.5 and IcedTea6 1.9.5. This update contains the following security updates: The IcedTea project provides a harness to build the source code from OpenJDK6 u...

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home > news > main > understanding sun's business - q1 results

Understanding Sun's Business - Q1 Results

We announced our earnings today, and put specifics around our preannouncement from a week ago. We also greatly increased the transparency of Sun's business by providing line item detail surrounding our most important product categories (and we broke out core elements of our Software business for the first time). If you'd like to listen to our earnings call, just click here - in addition, here's a quick synopsis of the quarter and our business overall. At a corporate level in Q1, Sun's revenue was down 7% year over year. Growth in our emerging products was more than offset by declines in our traditional, high end products. We were surprised by the magnitude of the decline, which reflected a dramatic slowing in the US and Europe, and the effects the credit crisis is having on our customers - across nearly all geographies and industries, but clearly concentrated among financial services companies. Unlike our peers, Sun is more exposed to high end systems - so declines in this business have an immediate impact, even if our newer, emerging businesses demonstrate fantastic growth (which many did). For example, the Tape market won't sustain 30% year over year growth for any participant - but our ZFS based OpenStorage products are growing at more than 100%. The latter are smaller, emerging businesses, driven by open source and new innovations - and will take time to eclipse more traditional businesses in our P&L. To dr...


Date: October, 30 2008
Url: http://blogs.sun.com/jonathan/entry/understanding_sun_s_business_q1


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