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
-
System76 Releases COSMIC Alpha 7
With scores of bug fixes and a really cool workspaces feature, COSMIC is looking to soon migrate from alpha to beta.
-
OpenMandriva Lx 6.0 Available for Installation
The latest release of OpenMandriva has arrived with a new kernel, an updated Plasma desktop, and a server edition.
-
TrueNAS 25.04 Arrives with Thousands of Changes
One of the most popular Linux-based NAS solutions has rolled out the latest edition, based on Ubuntu 25.04.
-
Fedora 42 Available with Two New Spins
The latest release from the Fedora Project includes the usual updates, a new kernel, an official KDE Plasma spin, and a new System76 spin.
-
So Long, ArcoLinux
The ArcoLinux distribution is the latest Linux distribution to shut down.
-
What Open Source Pros Look for in a Job Role
Learn what professionals in technical and non-technical roles say is most important when seeking a new position.
-
Asahi Linux Runs into Issues with M4 Support
Due to Apple Silicon changes, the Asahi Linux project is at odds with adding support for the M4 chips.
-
Plasma 6.3.4 Now Available
Although not a major release, Plasma 6.3.4 does fix some bugs and offer a subtle change for the Plasma sidebar.
-
Linux Kernel 6.15 First Release Candidate Now Available
Linux Torvalds has announced that the release candidate for the final release of the Linux 6.15 series is now available.
-
Akamai Will Host kernel.org
The organization dedicated to cloud-based solutions has agreed to host kernel.org to deliver long-term stability for the development team.