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Technology Stocks : Sun Microsystems, Inc.
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To: JakeStraw who wrote (10)5/15/2003 10:27:33 AM
From: JakeStraw   of 15
 
Sun reveals storage division performance

Sun Microsystems has revealed for the first time the financial performance of its
storage division, showing in a financial statement that revenue from those products
declined slower in recent years than revenue from servers. Sun's revenue
dramatically declined when the manic spending of the Internet boom years ended
in 2000, but storage revenue shrank slightly less than its most significant product
line--servers. In fiscal 2000, storage products accounted for $2.4 billion, or 18
percent of the company's $13.4 billion total product revenue. In fiscal 2002, the
$1.7 billion in storage revenue was 19 percent of the $9.1 billion total product
revenue, according to a quarterly reported filed Wednesday with the Securities
and Exchange Commission.
May 14, 2003, 6:35 PM PT cl.com.com
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