Sun Earns $4 Million in Q3
However, the $2.79 billon Sun generated was a 10.2 percent drop from the same quarter last year.Sun Microsystems Inc. generated $2.79 billion for the third quarter, a 10.2 percent drop from the more than $3.1 billion it garnered in the same period last year. However, the Santa Clara, Calif., company on Wednesday announced that it earned $4 million for the quarter ending March 30, compared with a $37 million loss in 2002.
Scott McNealy, Suns chairman, president and CEO, touted Suns Network Computing strategy as a key reason for the earnings. Like IBMs on-demand and Hewlett-Packard Co.s adaptive infrastructure initiatives, Suns strategy is designed to reduce complexity and increase manageability in the data center by enabling administrators to view data center resources as a virtual single pool.