Oh Dear, Oh Dear : Mike Little’s Journalized

Mike Little’s not-quite-so-daily thoughts, babblings, and random synapse firings!

A collection of random thoughts and links. Nothing too exciting. ;-) -- Mike Little

Saturday, 3 April 2004

Oh Dear, Oh Dear

by mike @ 20:27. Filed under

Geek Stuff

Struggling Sun Microsystems reached a sweeping, $1.6 billion settlement with Microsoft and said Friday it plans to cooperate with its longtime nemesis, a company it had branded an unrepentant monopolist

Although I’d hardly call the agreement entering their orbit. More like agreeing to stop fighting.

“Our companies will continue to compete hard, but this agreement creates a new basis for cooperation that will benefit the customers of both companies,” said Steve Ballmer, Microsoft’s chief executive officer.

This, however, is beyond my comprehension:

Sun, once a shining star of Silicon Valley, also said it expects revenue for the quarter ended March 28 to be approximately $2.65 billion. The net loss will be between $750 million and $810 million, or 23 cents to 25 cents per share.

How can you take $2.65 billion in a quarter and still lose money?

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3 Responses to “Oh Dear, Oh Dear”

Matt Says:
April 4th, 2004 at 01:03
Not related, but did you know your the #1 Mike on Google now?
rio Says:
April 6th, 2004 at 20:10
nice weblog! like the content. Anyways, just wanted to post a notice about the first ever International Webloggers’ Day 2004! http://www.intlblogday.tk
thanks!
Morgado_lula Says:
April 14th, 2004 at 00:10
I randomly came into this site from google, because i just HAVE to enter orkut.com, but none of my friends at least knew what was it … so please , invite me ! I swear I won t bother you anymore !… thank you very much !

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