We're the Dot in Web 2.0?

Please read the Safe Harbor Statement at the bottom of this page - it's important (and beautifully written :). If you've seen the press release, you know we had a good fourth quarter to close out our 2006 fiscal year. This is now my first full quarter as CEO - and I'm pleased with our progress. Our basic restructuring is underway (that's what the big charge was), and we showed some good growth on the top line. We're seeing a lot of demand, which showed up as revenue that beat Wall Street estimates, very solid bookings, and good deferred (future) revenue. So I thought I'd add some color to our numbers, and put some of our competitor's comments into context. Answering the questions surrounding "why'd you grow when others were having a hard time?" First, the market is growing. We see no global slowdown in IT. Despite what one competitor said. Our key customers (those that view information technology as a competitive advantage, not a cost center) are continuing to invest. They're investing to drive on-line relationships, fuel competitive advantage, and drive efficiencies - but mostly they're investing because they see a return. We saw especially good demand in our computer systems business (which grew in a quarter where some of our biggest competitors shrank) - and especially on the low end/high volume segment of our product line. Our newest Niagara UltraSPARC systems surpassed th...

Date: July, 26 2006
Url: http://blogs.sun.com/jonathan/entry/the_dot_in_2_0

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