The company warns of a wider loss on lower revenue. Final numbers are due at the end of the month. Scott McNealy must be glad he's out golfing.
Sun's business model does not work and it hasn't worked for a long time. Moreover, open source, MySQL, StorageTek, and SaaS (software as a service) will not fix it. What will?
Some analysts frown on deal, saying Sun has blundered with buyouts before. But CEO says buy provides major sales force for storage products.
Deal will expand Sun's storage product line, sales channels, sales force and partner network.
Sun's $4.1 billion buyout of StorageTek is a huge bet: It's the last cash deal that size Sun will be able to make.
In latest twist in controversial "anticircumvention" law, federal judge orders tape backup maintenance company to cease and desist.
In another grim investor alert, data-storage specialist predicts worse-than-expected revenue and earnings.
Sun has announced the release of two critical application modular storage products under its StorageTek label.
New tape library fits in standard racks and can tackle up to 100 terabytes. It's for midsize companies.
Court rules a consulting firm did not violate the DMCA when performing maintenance on StorageTek tape backup systems.