John Paczkowski

Recent Posts by John Paczkowski

Sun Earnings Not as Atrocious as Feared

Sun Microsystems’ second-quarter results were dismal–but not so appalling that they didn’t beat the lowered expectations of financial analysts. The company reported a net loss of $209 million, or 28 cents a share, quite a change from the net income of $260 million, or 31 cents a share, it reported for the same period a year earlier.

Ugly.

That said, these figures were weighed down by the $222 million restructuring charge Sun’s taking for sacking 6,000 employees. Without it, Sun (JAVA) would have earned 15 cents per share. Analysts had been expecting a loss of 10 cents per share, excluding costs. Investors took solace in the discrepancy between the two, sending shares in the company up more than seven percent to $4.30.


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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I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik