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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?

To: Charles Tutt who wrote (64679)	9/5/2008 11:21:41 PM
From: Mark O. Halverson	Read Replies (1) \| Respond to of 64865

From this morning: Okay, I'm naive, but press release below strikes me as significant. Very nice to see good growth in this segment of Sun's business, with revenue sufficient to be meaningful to Sun's bottom line: Sun Microsystems Outpaces Disk Storage Systems Market Nearly Three Times Over, According to Latest Analyst Data Leading Analyst Firm Shows Sun Achieved 29% Year-over-Year Increase in Revenue to Outpace All Major Vendors in Fast Growing Q2CY08 Disk Storage Systems Market SANTA CLARA, CA September 5, 2008 Sun Microsystems, Inc. (NASDAQ:JAVA) today announced strong results for disk storage systems sales, as highlighted in the IDC Quarterly Disk Storage Systems Tracker for Q2CY08. Sun outpaced all major storage vendors to see a 29.2% year-over-year increase in factory revenue for the second quarter of 2008, outperforming the market by nearly three times. The second quarter's worldwide disk systems results shows continued strength, with the total market increasing to $6.9B in revenues, up from a 10.9% increase from Q2 CY07. Sun disk storage systems outgrew the market in many major revenue categories for Q2 CY2008: Sun grew year-over-year in the overall market by 29.2%, to estimated disk storage revenue of $494M in calendar Q2 of 2008; Retained the #1 ranking for UNIX(R) Units shipped for the 19th consecutive quarter, as well as tied for the top spot for UNIX terabytes shipped; Momentum in the Midrange class of products (systems ranging in price from $15,000 to $300,000), as Sun grew revenue, units and TBs shipped faster than the market. These storage disk systems are the foundation of Sun's Open Storage strategy that allows customers to use open source software with commodity storage hardware to achieve the greatest flexibility, performance and cost savings available on the market. In addition, the use of open source software allows customers to leverage the valuable resources within Solaris ZFS and other OpenSolaris storage communities. "Today's results demonstrate that Sun's unique and open approach to storage is fast gaining acceptance with those that matter most – our customers," said Jason Schaffer, senior director, storage product management, Sun Microsystems, Inc. "As more enterprises and Web tier companies look to Sun for increased cost savings, efficiency and flexibility in their datacenters, we look forward to accelerated adoption of Sun's comprehensive systems and open storage product families."