Changing the delivery of IT

Tony Bishop

Subscribe to Tony Bishop: eMailAlertsEmail Alerts
Get Tony Bishop: homepageHomepage mobileMobile rssRSS facebookFacebook twitterTwitter linkedinLinkedIn


Article

McNealy Bloodied But Unbowed..."We Expect to Grow and to Make Money."

McNealy Bloodied But Unbowed..."We Expect to Grow and to Make Money."

When it came to write up its report on yesterday's Annual General Meeting of Sun Microsystems, Inc., at the company's headquarters in Santa Clara, CA, the Reuters news agency more or less left the talking to Chairman and Chief Executive Scott McNealy.

Here's a brief slection of the words of McNealy himself, as reported by Reuters' Duncan Martell direct from San Francisco:

"It was not a complete disaster by any stretch of the imagination. And I think we protected the shareholder assets very aggressively in the last fiscal year."

"We obviously are not pleased with the entirety of our fiscal year last year. We expect to grow and to make money."

"We're trying to build the car in an industry that is solely focused on selling the components."

That last statement, as the Reuters report explained, is a reference to McNealy's contention that, now that anything with a digital or biological heartbeat will be connected to a computer network, the industry encourages customers to buy components rather than entire systems that arrive virtually ready to be plugged in and turned on - which is Sun's specialty.

The market clearly believes weather man McNealy: year to date, Sun stock has climbed 35%.

More Stories By Java News Desk

JDJ News Desk monitors the world of Java to present IT professionals with updates on technology advances, business trends, new products and standards in the Java and i-technology space.

Comments (0)

Share your thoughts on this story.

Add your comment
You must be signed in to add a comment. Sign-in | Register

In accordance with our Comment Policy, we encourage comments that are on topic, relevant and to-the-point. We will remove comments that include profanity, personal attacks, racial slurs, threats of violence, or other inappropriate material that violates our Terms and Conditions, and will block users who make repeated violations. We ask all readers to expect diversity of opinion and to treat one another with dignity and respect.