• 
• Business
• Enterprise Apps
• Hardware
• Internet
• Networking
• Productivity Apps
• Security
• Software Dev
• Storage
• IT Weekly

Sun Micro sales fall, Oracle deal delay stings

By Reuters

NEW YORK (Reuters) - Computer maker Sun Microsystems Inc <JAVA.O> suffered a 25 percent fall in quarterly revenue, as uncertainty over its delayed sale to Oracle Corp <ORCL.O> hurt its business.

Lower operating expenses helped Sun Microsystems curb its fiscal first quarter loss to $120 million, or 16 cents a share compared with $1.68 billion, or $2.24 a share, a year earlier, according to a filing with the U.S. Securities and Exchange Commission.

But revenue fell to $2.24 billion from $2.99 billion in the same quarter a year earlier, and was lower than the average analyst estimate of $2.34 billion, according to Thomson Reuters

I/B/E/S.

"Our first quarter of fiscal year 2010 results continued to be affected by the economic downturn, the uncertainty associated with our proposed acquisition by Oracle, increased competition and delays in customer purchasing decisions," Sun said in a statement on Friday.

Oracle Chief Executive Larry Ellison recently said that Sun is losing about $100 million a month because of uncertainty about its future, as European antitrust regulators pursue an in-depth probe of the deal. Sun Microsystems has said is cutting around 10 percent of its staff.

(Reporting by Ritsuko Ando; editing by Carol Bishopric)

2009 Thomson Reuters. All rights reserved. Reuters content is the intellectual property of Thomson Reuters or its third party content providers. Any copying, republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. "Reuters" and the Reuters Logo are trademarks of Thomson Reuters and its affiliated companies. For additional information on other Reuters media services please visit http://about.reuters.com/media/.

---

DMO TEXT LINKS
(Click here to place a textlink on this site)

---

	Consumer Electronics Net - Tools and Toys for Your Digital Lifestyle
	• Camcorders •Audio/Video Software • Digital Photography • Desktop Computers • Wireless Tech • Personal DVD • Notebooks • Home Office • PDAs & Handhelds • Computer Add-Ons • Digital Audio • Games • Phones • Digital Toys • Home Theater • TVs • Music • Movies • Gadgets

iTech SolarVoice 908

Bluetooth headsets have become more and more popular throughout the years and now more and more cell phones have been able to take advantage of this technology. In this review we'll be looking at a brand new Bluetooth headset from iTech, the SolarVoice 908, one of the first solar charging headsets on the market. Read More

Content Insider 134 - Flash

Thank goodness you're a pack rat! You know, have to grab, keep everything that flies by...ok everything except that report or news item or YouTube yuck you saw last week and now desperately need. Can't find it it save your behind. And still you don't have enough storage...there are new worlds to conquer, new worlds to destroy or take home with you. Don't worry Flash will always be there for you Dale!!!! Read More

War Dogs of the Pacific

On this Veteran's Day 2009, as we honor those who served and gave their lives for America, there are stories about man's best friend being told by those who fought alongside their "War Dogs of the Pacific." Most Americans have no idea that dogs were trained to sniff out the enemy during World War II, 549 to be exact fought with the U.S. Marines on Guam, Saipan, and other battlegrounds of the Pacific Theater. Read More

Microsoft ships Windows 7- should you buy it?

Did you hear? Microsoft is releasing a new version of Windows - should you buy it? Windows 7 is here. In this article you will find out if Windows 7 is worth the wait and whether or not you should upgrade. Or is Windows 7 just another Vista? Read More