Sun Earnings Preview: Dark Days Ahead

Posted by Scott_Ruecker on Oct 21, 2008 6:20 PM EDT
LinuxInsider; By Jordan Robertson
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Battered by competition and slowing demand, Sun Microsystems swung to a big loss in its fiscal first quarter, dragging the server and software maker's results below Wall Street's forecast. Sun also plans to write down the value of its business, a sign of the company's deteriorating competitive position and vulnerability to the economic meltdown.

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