Sun Microsystems posts losses for the forth quarter

Sushubh

Administrator
[OP]
Oct 29, 2004
413,889
12,773
Gurugram
Sun Microsystems posts losses for the forth quarter
Server industry giants Sun Microsystems has posted a fiscal fourth-quarter loss. The company seems to suffer from restructuring, acquisition and stock-based compensation costs. These expenses ate up the revenues gained by the company as they managed to exceed market expectations.
The company posted losses of $301 million, or 9 [...]

http://business.techwhack.co/984/sun-micr...s-posts-losses/