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AP/Seattle Post-Intelligencer: Sun Shares Rise on Fourth-Quarter Profit

Jul 27, 2005, 16:00 (1 Talkback[s])
(Other stories by Matthew Fordahl)

"Sun Microsystems Inc. shares rose more than 3 percent Wednesday after the server and software maker reported a profit for its fiscal fourth quarter and proclaimed demand has stabilized after a decline that started with the dot-com bust of 2000.

"Though computer systems revenue fell about 4 percent in the fourth quarter, Sun said in an after-hours earnings report Tuesday that total server shipments grew by 7 percent, led by a 118 percent jump in the number of servers running Opteron chips supplied by Advanced Micro Devices Inc..."

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