John Paczkowski

Recent Posts by John Paczkowski

Oh, Sun's "Preconfigured for the Downturn," All Right …

We are preconfigured for the downturn.”

Sun CEO Jon Schwartz, Oct. 13, 2008

The econalypse is weighing heavy on Sun Microsystems. Its business sullied by the financial crisis, the company warned of a much larger-than-expected quarterly loss on lower revenue after market close Monday afternoon. Sun (JAVA) said it expects to post revenues of $2.95 billion to $3.05 billion when it reports full financials on Oct. 30. Analysts had been looking for $3.14 billion and a loss of $0.01.

Sun’s ugly news just seems to be getting uglier. “The company continues to miss its targets,” said Edward Jones analyst Bill Kreher. “There’s a lack of confidence in management, given continued shortfalls. … They are just not well-positioned … [Sun] has an uncertain future.”


Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

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