AP/Seattle Post-Intelligencer: Sun Shares Rise on Fourth-Quarter Profit
Jul 27, 2005, 16:00 (1 Talkback[s])
(Other stories by Matthew Fordahl)
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"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..."