Sun back in the black
Sun will be closing its fiscal year 2007 (ending June 30) with a net profit of US$ 473 m compared to losses of US$ 864 m in the previous year.
Sun's return to positive figures did not start until the second quarter of the 2007 fiscal year, announcing a net profit of US$ 126 m in its quarterly report at the end of October 2006 after sustaining a loss of US$ 56 m in the first quarter. The company has been through a crisis in recent years and responded with mass redundancies.
Annual turnover was by 6.2 percent to US$ 13.9 b compared to last year, where turnover was US$ 13.1 b.
Sun attributes its growth in the past few quarters to Internet and multi-platform server offers, and to increasing acceptance of Solaris. In recent reports Sun has also drawn attention to its virtualization solutions, besides Solaris, which help customers reduce overheads.
An operating margin of four percent sees Sun drawing closer to its self-proclaimed goal of ten percent returns by 2009.
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
-
Three Lines of Code Improve Linux Storage Performance
A developer changed three lines of code, giving Linux storage performance a 5% bump.
-
AUR Hit Again with Malicious Packages
Once again the Arch User Repository is plagued by a high volume of malicious packages.
-
Alpine Linux 3.24 Features Fresh Desktops and a Newer Kernel
If you're a fan of Alpine Linux, it's time to upgrade because the latest version has been released with KDE Plasma 6.6, Gnome 50, and Linux kernel 6.18 LTS.
-
EU Open Source Strategy Plays Key Role in Tech Sovereignty Package
Comprehensive measures adopted by the European Commission aim to reduce dependency on non-EU countries.
-
Linux Foundation Report Indicates AI Driving Tech Hiring
Within growing security and skills gaps, AI has been found to be a positive driving force behind tech hiring trends in Europe.
-
United Nations Open Source Portal Goes Live
A new open source portal seeks to coordinate and scale open source efforts across the United Nations system.
-
KDE Linux Drops AUR
KDE Linux developers have dropped the Arch User Repository from the build pipeline due to security concerns; other distributions should consider doing the same.
-
California May Exempt Linux from Its Age-Verification Law
After backlash from the Linux community, California may be backing off on its promise to force all operating systems to verify age, but one platform may still have to comply.
-
Another Logic Bug Found in Linux Kernel
Qualys has discovered a vulnerability in the Linux kernel that can be used to elevate standard user privileges.
-
Ubuntu Core 26 Offers Game-Changing Enterprise Features
Ubuntu Core 26 could be a game-changer for organizations looking for increased security and reliability.