Friday, April 15, 2005

The New York Times > Business > Business Special > Sun Microsystems Misses Mark on Forecasts but Narrows Loss

The New York Times > Business > Business Special > Sun Microsystems Misses Mark on Forecasts but Narrows Loss: "The smaller loss was the result of $54 million in income from a year-old settlement with Microsoft, as well as tax and other benefits. Excluding those items, the company lost $61 million or 2 cents a share, compared with a loss of $260 million and 8 cents.
'Break-even is a huge move forward from the loss we experienced a year ago,' the chief executive, Scott G. McNealy, said."
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