Sun’s Revenue Soars 16% in Latest Quarter
From Bloomberg News
Sun Microsystems Inc. posted the biggest sales gain among server makers for the second straight quarter and vaulted over Dell Inc. to become the third-largest seller of computers that run corporate networks and websites.
Sales at Santa Clara, Calif.-based Sun rose 16% in the second quarter, and the company was the only one of the top four to expand market share, research firm IDC said. Leaders IBM Corp. and Hewlett-Packard Co. and fourth-ranked Dell saw their sales drop.
Sun’s market share rose to 12.9% from 11.2% a year earlier, accounting for all of the industry growth.