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Sun posts net loss of $125 million

Discussion in 'General Discussion' started by Julio Franco, Jan 16, 2004.

  1. Julio Franco TechSpot Editor Posts: 6,051   +121

    Sun Microsystems Inc on Thursday reported a net loss of $125 million for the second quarter of its 2004 fiscal year.

    The loss, which amounted to $0.04 per share, came on revenue of $2.89 billion for the quarter, a decline of 1 percent from its year-ago revenue of $2.92 billion. Analysts had been forecasting a loss of $.05 per share, according to a consensus estimate compiled by Thomson First Call.

    Read more: Infoworld.
  2. khosw Newcomer, in training Posts: 36

    down with java! up with bluetooth!