Spring Quarter Results: Sun Vague, Intel Pale
Sun and Intel have presented their quarterly figures for the second three-month period of 2009.
In the past three months, Oracle's acquisition Sun lost over one billion dollars in revenue. The spring of 2008 had stood at $3.8 billion, while the figure for 2009 was $2.6 billion. The loss was about 10 cents per share, with the Generally Accepted Accounting Principles (GAAP) adjusting the loss to 30 cents per share. Sun's preliminary quarterly report falls short because the company wants to migrate its results into the annual report in August, their fiscal year having ended June 30. It will be interesting to see how the hardware sales figures, which were already down in the last quarter, have developed, and that their hopes for open source as a growth engine aren't being dashed.
Intel has provided its second quarter results of their fiscal year running January through December. Their revenue grew around $800 million since the first quarter to eight billion dollars. The chipmaker celebrates that this is their strongest growth factor from a first to second quarter since 1988, as loosely quoted from CEO Paul Otellini. What he didn't emphasize was that the second quarter figures are still $1.5 million less than that of a year ago. The loss is still only in the millions range when GAAP rules are applied. Before GAAP, with certain amortizations and income from corporate capital investments figured in, Intel actually gained a million dollars. Before GAAP, earnings per share gained 18 cents; after GAAP, the loss was seven cents.
The chipmaker attributes its pale quarterly results partly to its investment in new technologies and ideas. Early June, Intel bought embedded Linux specialist Wind River. Early April, it invested in the automotive industry by promoting the Moblin open source platform.
Subscribe to our Linux Newsletters
Find Linux and Open Source Jobs
Subscribe to our ADMIN Newsletters
Support Our Work
Linux Magazine content is made possible with support from readers like you. Please consider contributing when you’ve found an article to be beneficial.
News
-
Gnome 47.1 Released with a Few Fixes
The latest release of the Gnome desktop is all about fixing a few nagging issues and not about bringing new features into the mix.
-
System76 Unveils an Ampere-Powered Thelio Desktop
If you're looking for a new desktop system for developing autonomous driving and software-defined vehicle solutions. System76 has you covered.
-
VirtualBox 7.1.4 Includes Initial Support for Linux kernel 6.12
The latest version of VirtualBox has arrived and it not only adds initial support for kernel 6.12 but another feature that will make using the virtual machine tool much easier.
-
New Slimbook EVO with Raw AMD Ryzen Power
If you're looking for serious power in a 14" ultrabook that is powered by Linux, Slimbook has just the thing for you.
-
The Gnome Foundation Struggling to Stay Afloat
The foundation behind the Gnome desktop environment is having to go through some serious belt-tightening due to continued financial problems.
-
Thousands of Linux Servers Infected with Stealth Malware Since 2021
Perfctl is capable of remaining undetected, which makes it dangerous and hard to mitigate.
-
Halcyon Creates Anti-Ransomware Protection for Linux
As more Linux systems are targeted by ransomware, Halcyon is stepping up its protection.
-
Valve and Arch Linux Announce Collaboration
Valve and Arch have come together for two projects that will have a serious impact on the Linux distribution.
-
Hacker Successfully Runs Linux on a CPU from the Early ‘70s
From the office of "Look what I can do," Dmitry Grinberg was able to get Linux running on a processor that was created in 1971.
-
OSI and LPI Form Strategic Alliance
With a goal of strengthening Linux and open source communities, this new alliance aims to nurture the growth of more highly skilled professionals.