Sun Microsystems' net jumps 46%, beating estimates
Article Abstract:
Sun Microsystems is reporting 1st qtr earnings that exceed analysts' expectations. The company's net income increased by 46% to $123.4 million on revenues of $1.9 billion for the period ending Sep 29, 1996. Revenues were up 25% over last year's same period. The earnings amount to 63 cents per share, two cents higher than expected. The increase in income is the result of high demand for Sun's high-end computers, particularly for corporate network and Internet servers. The company currently has a $420 million backlog of orders. Sun is readying a new line of low-end computers designed to provide Internet access and reduce the costs and complexity of corporate networks. Sun Chmn, Pres and CEO Scott McNealy attributes the company's success to its reliance on its own technology. Sun has avoided the development of products based on Microsoft and Intel technology.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1996
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Microsoft battles Sun over TCI set-top boxes
Article Abstract:
Microsoft is nearing an agreement with TCI to supply the OS for a new generation of TCI digital set-top boxes. The move represents a last-minute attempt by Microsoft to outduel Sun Microsystems' Java software. TCI, meanwhile, is taking measures to select from among competing software companies and prevent any single supplier from locking up the new market. Sun and TCI also are close to a deal that would allow the TV set-top boxes to include Java to control some software applications, the insiders said. Some executives said the outcome of the separate negotiations at TCI's headquarters in Denver remained uncertain, saying both companies could earn a slice of the TCI account. Microsoft wants to extend its influence beyond the current 40% of US households that own PCs, but TCI's multivendor approach is frustrating the software giant.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1998
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Sun suit says Microsoft disrupts Java: software giant is accused of attempting to block new industry standard
Article Abstract:
Sun Microsystems sues Microsoft, saying Microsoft is distributing a hostile version of Sun's Java programming language. In 1996, Microsoft licensed Java, and Sun says the licensing agreement requires Microsoft to comply with compatibility tests. According to JavaSoft Pres Alan Baratz, Microsoft's Internet Explorer (IE) 4.0 does not comply with the agreed-upon standard. Sun says Microsoft is trying to head off development of a universal software language that would provide an open Internet standard. Microsoft's motive, according to Sun, is to stifle the potential for a competitive threat to Microsoft's Windows operating system. Sun says Microsoft aims to 'balkanize' Java into various versions and then offer one that works best with Windows.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1997
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- Abstracts: Sun Microsystems net soars 41% as margins rise. Dell Computer profit soars, tops forecasts
- Abstracts: Many updates cause profitable confusion. Microsoft winner in appeal to keep software intact; ruling affects access to Internet and undercuts new U.S. suit
- Abstracts: Microsoft plans new bid for Internet control. Harm found to the image of Microsoft: survey sees decline in brand reputation
- Abstracts: Many doors to Microsoft's new Windows. Microsoft adding to Java and to Sun rift. Microsoft sees a major shift for computers
- Abstracts: Stock market shows little inclination to pause. Stock market is expected to remain strong. Stock market faces an uncertain 1998