Advertisement
Share

Sun Microsystems Inc. said net income for...

Sun Microsystems Inc. said net income for the second quarter more than doubled to $29.5 million. Revenue rose 91% to $448.3 million. The Mountain View, Calif., high-tech firm said the shortage of memory chips, crucial to Sun’s high-performance workstations and servers, abated somewhat toward the end of the quarter. “Yet, despite the increase in production and shipments resulting from improved component availability, the high rate of incoming orders in the second quarter again resulted in the largest quarter-end backlog in Sun’s history,” the firm said.

Tables, Page 6


Advertisement