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Technology Stocks : All About Sun Microsystems

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From: Don Green5/1/2006 12:04:11 PM
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Is Sun ready to Open Source Java?
Samad Khan - May 1, 2006 1:46 AM

During his first quarter as Sun CEO, Jonathan Schwartz's has seen a growing Internal and External debate on whether to open-source Java

An open letter from a former Sun executive pleads Jonathan Schwartz to open source Java. With the JavaOne conference on May 16, many are expecting Schwartz, who led the open-sourcing of Solaris, to announce the open-sourcing of Java. However there are also groups that have concerns about such steps.

Schwartz has had Java reform on the top of his to do list since he took over from Scott McNealy on April 24. Schwartz has also been in a constant struggle to find ways to make Sun profitable once more. Sun hasn’t recorded an annual profit since 2001, and reported a loss of $217 million for the fiscal third quarter of 2006. So far, Sun has resisted many calls to open-source Java.
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